Patriot General Ins Co
Major Rating Factors:
Good profitability index (4.9 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.6% over the past five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.8) despite excessive premium growth and negative cash flow from operations for 2024. Other stability subfactors include potentially strong support from affiliation with Sentry Mutual Holding Co, good operational trends and excellent risk diversification.
Other Rating Factors:
Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. 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.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (89.9%), work comp (8.2%), fire (0.2%), other (1.7%)
Licensed in:
AL, AZ, CT, FL, GA, IA, IL, IN, MA, ME, MI, MN, MO, NY, OH, PA, TX, UT, VA, VT, WA, WI
Principal Investments:
Investment grade bonds (99.7%), other (0.3%)
Corporate Info
Group Affiliation
Sentry Mutual Holding Co
Investment Rating
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Company Address
1800 North Point Drive
Stevens Point, WI 54481
Stevens Point, WI 54481
Phone Number
(715) 346-6000
NAIC Number
23442
Website
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Largest Affiliates