A
CINCINNATI INDEMNITY CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent profitability (7.7) with operating gains in each of the last five years.
Other Rating Factors: Excellent liquidity (8.3) with ample operational cash flow and liquid investments. Good overall results on stability tests (5.5) despite weak results on operational trends. Strengths include potential support from affiliation with Cincinnati Financial Corp.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Work comp (25.3%), personal/comm auto (24.2%), comm multi (21.3%), fire (3.0%), product liab. (1.7%), med mal (0.9%), other (23.6%)
Licensed in: All states except PR
Principal Investments: Investment grade bonds (61.8%), common stock (30.8%), cash (4.8%), non investment grade bonds (2.6%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
Net Premium Growth
--
Investments in Affiliates
Corporate Info
Group Affiliation
Cincinnati Financial Corp
Investment Rating
Company Address
6200 SOUTH GILMORE ROAD
FAIRFIELD, OH 45014
Phone Number
(513) 870-2646
NAIC Number
23280
Largest Affiliates
B
FAIRFIELD, OH - P&C
B
FAIRFIELD, OH - L&A
B
B
FAIRFIELD, OH - P&C
Weiss Ratings