Major Rating Factors:
Strong long-term capitalization index (8.4 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. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.5) with operating gains in each of the last five years.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite. The largest net exposure for one risk is acceptable at 2.9% of capital.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (20.4%), other (79.6%)
Licensed in:
All states and Canada, GU, MP, PR, VI
Principal Investments:
Common stock (57.4%), investment grade bonds (21.4%), preferred stock (2.7%), non investment grade bonds (2.3%), cash (2.0%), real estate (1.2%), other (12.9%)
Corporate Info
Group Affiliation
Factory Mutual Ins Co
Investment Rating
--
Company Address
270 Central Avenue
Johnston, RI 02919
Johnston, RI 02919
Phone Number
(401) 275-3000
NAIC Number
21482
Website
Largest Affiliates