Encompass Indemnity Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.2) including excessive premium growth. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.0% over the past five years.
Other Rating Factors:
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. Excellent liquidity (7.0) 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 (53.1%), personal/comm auto (42.3%), fire (1.5%), other (3.0%)
Licensed in:
All states except CA, FL, HI, MA, ME, NJ
Principal Investments:
Investment grade bonds (85.8%), other (14.2%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
3100 Sanders Road
Northbrook, IL 60062
Northbrook, IL 60062
Phone Number
(847) 402-5000
NAIC Number
15130
Website
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