Major Rating Factors:
Fair profitability index (4.9 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been fair, averaging 5.7% over the past five years. Fair overall results on stability tests (4.2) including. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (54.7%), farmowners (22.3%), fire (5.1%), other (18.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (73.7%), cash (25.5%), real estate (0.4%), common stock (0.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1435 Southwest Topeka Boulevard
Topeka, KS 66612
Topeka, KS 66612
Phone Number
(785) 354-8452
NAIC Number
14362
Website
Largest Affiliates
No affiliate information available.