Ont Ins Co
Major Rating Factors:
Fair reserve development (4.3 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.5) with operating losses during 2022, 2023 and 2025. Fair overall results on stability tests (3.5) including negative cash flow from operations for 2025. The largest net exposure for one risk is conservative at 1.9% of capital.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (43.4%), homeowners (31.0%), fire (12.7%), farmowners (3.7%), other (9.3%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (77.0%), common stock (18.5%), cash (2.6%), real estate (1.1%), other (0.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
28 Canandaigua Street
Shortsville, NY 14548
Shortsville, NY 14548
Phone Number
(585) 289-9560
NAIC Number
22870
Website
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