Major Rating Factors:
Strong long-term capitalization index (9.6 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 (9.6) that helps to protect the company against sharp claims increases. Excellent profitability index (8.3).
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
Principal Lines of Business:
Comm multi (29.5%), work comp (15.1%), personal/comm auto (3.3%), fire (0.4%), other (51.7%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (67.9%), common stock (25.2%), non investment grade bonds (0.5%), cash (0.4%), other (6.0%)
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
20109
Website
Largest Affiliates