Employers Natl Ins Co
Major Rating Factors:
Poor long-term capitalization index (2.0 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios) reflecting improvement over results in 2022. Fair reserve development (4.7) as reserves have generally been sufficient to cover claims. In 2023 the one year reserve development was 37.8% deficient. Fair profitability index (2.9) with operating losses during 2021, 2022 and 2023.
Other Rating Factors:
Fair overall results on stability tests (3.9) including weak risk adjusted capital in prior years. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
OK
Principal Investments:
Investment grade bonds (46.4%), cash (2.4%), other (51.3%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
13927 Quail Pointe Drive
Oklahoma City, OK 73134
Oklahoma City, OK 73134
Phone Number
(652) 974-2200
NAIC Number
16220
Website
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