Major Rating Factors:
Strong long-term capitalization index (9.2 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 (7.0) that can protect against increases in claims costs. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification. Fair profitability index (4.8) with operating gains in each of the last five years. Return on equity has been low, averaging 4.4% over the past five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (35.1%), comm multi (27.4%), homeowners (16.2%), product liab. (3.0%), work comp (2.2%), fire (0.8%), other (15.3%)
Licensed in:
All states except AK, FL, HI, KS, LA, SD
Principal Investments:
Investment grade bonds (59.0%), common stock (23.8%), cash (4.1%), non investment grade bonds (2.5%), real estate (1.8%), other (8.7%)
Corporate Info
Group Affiliation
Central Mutual Ins Co
Investment Rating
--
Company Address
800 South Washington Street
Van Wert, OH 45891
Van Wert, OH 45891
Phone Number
(419) 238-1010
NAIC Number
20230
Website
Largest Affiliates