Tri-Century Ins Co
Major Rating Factors:
Fair reserve development (4.3 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.8) with operating losses during 2022 and 2023. Fair overall results on stability tests (4.5) including.
Other Rating Factors:
Good long-term capitalization index (5.3) based on good current risk adjusted capital (severe and moderate loss scenarios). Over the last several years, capital levels have remained relatively consistent. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
PA
Principal Investments:
Investment grade bonds (75.2%), non investment grade bonds (1.8%), other (23.1%)
Corporate Info
Group Affiliation
UPMC
Investment Rating
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Company Address
US Steel Building
Pittsburgh, PA 15219
Pittsburgh, PA 15219
Phone Number
(412) 432-7698
NAIC Number
17990
Website
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Largest Affiliates