ProCentury Ins Co

Westerville, OH

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

5.16

Risk Adjusted
Capital Ratio #2

4.65

Loss
Ratio

Total
Assets

107.87M

Capital

39.18M

Net
Premiums

0.00

Net
Income

827.50K

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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 (5.0). Excellent expense controls. Good overall results on stability tests (5.6) despite excessive premium growth and negative cash flow from operations for 2025.

Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.

Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. G - Fast asset or premium growth. T - Significant trends in critical asset, liability, income or expense items.

Principal Lines of Business: Work comp (91.4%), comm multi (1.2%), personal/comm auto (1.0%), fire (0.5%), other (5.9%)

Licensed in: All states except AL, CO, CT, FL, HI, ID, KY, ME, NC, NH, OH, RI, TN, VA, VT, WA

Principal Investments: Investment grade bonds (61.8%), cash (33.9%), other (4.3%)

Ratios

Premium to Surplus

Reserve to Surplus

1-Year Reserve Development

0.00%

2-Year Reserve Development

0.00%

Expense Ratio

Combined Ratio