Bridgefield Indem Ins 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 (4.6) including excessive premium growth. Strengths include potentially strong support from affiliation with American Financial Group Inc. 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 2.4% 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. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, AR, GA, IL, IN, KY, LA, MS, NC, OH, OK, SC, TN, TX, VA
Principal Investments:
Investment grade bonds (88.8%), other (11.2%)
Corporate Info
Group Affiliation
American Financial Group Inc
Investment Rating
Company Address
301 East Fourth Street
Cincinnati, OH 45202
Cincinnati, OH 45202
Phone Number
(513) 369-5000
NAIC Number
16618
Website
Largest Affiliates