Peak P&C Ins Corp
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. 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 1.8% over the past five years. Good overall results on stability tests (6.4) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
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 (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
All states except CA, MI, NY
Principal Investments:
Investment grade bonds (99.8%), other (0.2%)
Corporate Info
Group Affiliation
Sentry Mutual Holding Co
Investment Rating
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Company Address
1800 North Point Drive
Stevens Point, WI 54481
Stevens Point, WI 54481
Phone Number
(715) 346-6000
NAIC Number
18139
Website
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Largest Affiliates