Ont Ins Co
Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.6) with operating losses during 2022, 2023 and the first six months of 2025. Average return on equity over the last five years has been poor at -1.7%. Fair overall results on stability tests (3.6) including negative cash flow from operations for 2024. The largest net exposure for one risk is conservative at 1.4% of capital.
Other Rating Factors:
Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.4) 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.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (55.5%), homeowners (19.4%), fire (11.9%), farmowners (4.8%), other (8.4%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (79.2%), common stock (16.0%), cash (2.8%), real estate (1.2%), 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
Largest Affiliates
No affiliate information available.