Major Rating Factors:
Strong long-term capitalization index (8.9 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. Excellent profitability index (8.1). Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (92.1%), fire (4.0%), other (3.9%)
Licensed in:
CA, NV, TX, UT
Principal Investments:
Investment grade bonds (91.8%), common stock (6.2%), real estate (1.5%), other (0.5%)
Corporate Info
Group Affiliation
Residence Mutual Ins Group
Investment Rating
--
Company Address
2172 Dupont Drive
Irvine, CA 92612
Irvine, CA 92612
Phone Number
(949) 724-9402
NAIC Number
15776
Largest Affiliates