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 overall results on stability tests (5.7) despite excessive premium growth. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent profitability index (7.8) with operating gains in each of the last five years. Excellent expense controls. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (12.4%), fire (7.7%), other (79.9%)
Licensed in:
All states and GU, PR
Principal Investments:
Investment grade bonds (87.0%), cash (0.5%), non investment grade bonds (0.5%), other (12.0%)
Corporate Info
Group Affiliation
Allianz SE
Investment Rating
Company Address
225 West Washington Street
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(888) 466-7883
NAIC Number
22837
Website
Largest Affiliates