Lawyers Mutual Ins Co of KY
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.4% of capital. Good overall profitability index (5.2) with operating gains in each of the last five years. Return on equity has been fair, averaging 5.8% over the past five years. 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.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
KY
Principal Investments:
Investment grade bonds (83.9%), common stock (7.9%), cash (7.9%), non investment grade bonds (0.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
10503 Timberwood Circle
Louisville, KY 40223
Louisville, KY 40223
Phone Number
(502) 568-6100
NAIC Number
24520
Website
Largest Affiliates
No affiliate information available.