Franklin Mutual Ins Co
Major Rating Factors:
Strong long-term capitalization index (8.4 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 (9.2) that helps to protect the company against sharp claims increases. 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 (8.4). Stability strengths include excellent operational trends and excellent risk diversification. Fair profitability index (4.8) with operating gains in each of the last five years. Return on equity has been low, averaging 1.3% over the past five years.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Homeowners (55.7%), comm multi (22.2%), fire (6.7%), work comp (4.7%), other (10.7%)
Licensed in:
(No states)
Principal Investments:
Common stock (78.4%), investment grade bonds (11.5%), cash (1.1%), real estate (0.2%), other (8.8%)
Corporate Info
Group Affiliation
Franklin Mutual Ins Co
Investment Rating
--
Company Address
Five Broad Street
Branchville, NJ 07826
Branchville, NJ 07826
Phone Number
(973) 948-8800
NAIC Number
16454
Website
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