Major Rating Factors:
Strong long-term capitalization index (7.6 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. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (8.5) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 14.8%.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.1). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 2.0% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (31.8%), work comp (10.7%), product liab. (7.5%), fin guar/surety (2.2%), fire (1.7%), other (46.2%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (82.7%), common stock (7.9%), real estate (0.3%), other (9.1%)
Corporate Info
Group Affiliation
Chandler Ins Co Ltd
Investment Rating
--
Company Address
1010 Manvel Avenue
Chandler, OK 74834
Chandler, OK 74834
Phone Number
(405) 258-0804
NAIC Number
23663
Website
Largest Affiliates
No affiliate information available.