Major Rating Factors:
Fair reserve development (3.9 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.5) with operating losses during 2020 and 2021. Return on equity has been fair, averaging 16.7% over the past five years. Good overall results on stability tests (5.6) despite excessive premium growth and negative cash flow from operations for 2024.
Other Rating Factors:
Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (35.4%), farmowners (17.4%), comm multi (13.2%), fire (6.9%), homeowners (4.4%), work comp (1.2%), product liab. (0.4%), other (21.2%)
Licensed in:
All states except CA
Principal Investments:
Common stock (69.6%), investment grade bonds (13.6%), real estate (11.9%), cash (3.1%), other (1.8%)
Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
--
Company Address
518 East Broad Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(833) 724-3577
NAIC Number
25135
Website
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Largest Affiliates