Millers Capital Ins Co
Major Rating Factors:
Strong long-term capitalization index (9.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (7.0). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
Good overall profitability index (6.6) despite operating losses during 2021 and 2022. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (96.2%), other (3.8%)
Licensed in:
DC, DE, MD, NC, NJ, OH, PA, TN, VA
Principal Investments:
Investment grade bonds (78.3%), common stock (16.5%), other (5.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
777 East Park Drive
Harrisburg, PA 17111
Harrisburg, PA 17111
Phone Number
(717) 232-3211
NAIC Number
14575
Largest Affiliates
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