Major Rating Factors:
Strong long-term capitalization index (7.7 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.5) that helps to protect the company against sharp claims increases. Excellent profitability index (8.0) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (8.5) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.8). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (36.1%), work comp (27.5%), comm multi (15.7%), other (20.7%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (77.9%), common stock (16.1%), non investment grade bonds (0.9%), other (5.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Old Republic International Corporation
Investment Rating
Company Address
3700 Market Square Circle
Davenport, IA 52807
Davenport, IA 52807
Phone Number
(800) 475-4477
NAIC Number
20095
Website
Largest Affiliates