Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2023. Average return on equity over the last five years has been poor at -2.9%. Fair reserve development (4.0) as reserves have generally been sufficient to cover claims. Good overall results on stability tests (5.1) despite excessive premium growth and weak results on operational trends.
Other Rating Factors:
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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (27.5%), personal/comm auto (18.8%), fire (11.3%), work comp (4.6%), farmowners (4.6%), product liab. (2.6%), other (30.6%)
Licensed in:
All states except CA, NH, NM, WA
Principal Investments:
Cash (61.8%), investment grade bonds (31.5%), common stock (0.1%), other (6.6%)
Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
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Company Address
518 East Broad Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(833) 724-3577
NAIC Number
25127
Website
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Largest Affiliates