Employers Natl Ins Co
Major Rating Factors:
Fair long-term capitalization index (3.3 on a scale of 0 to 10) based on good current risk adjusted capital (moderate loss scenarios). Weak overall results on stability tests (2.9) including weak risk adjusted capital in prior years and weak results on operational trends. Fair reserve development (3.9) as reserves have generally been sufficient to cover claims. In 2023 the two year reserve development was 36.2% deficient.
Other Rating Factors:
Fair profitability index (3.6) with operating losses during 2020, 2021, 2022 and 2023. Average return on equity over the last five years has been poor at -11.2%. Good liquidity (6.6) 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 (92.2%), cash (4.9%), other (2.9%)
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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Largest Affiliates
No affiliate information available.