C
Utica Mutual Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: History of adequate reserve strength (6.3 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors: Excellent profitability index (8.4). Excellent overall results on stability tests (8.8). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Personal/comm auto (35.9%), comm multi (35.0%), work comp (10.2%), homeowners (6.8%), fire (0.2%), other (11.9%)
Licensed in: All states
Principal Investments: Investment grade bonds (69.2%), common stock (21.6%), non investment grade bonds (3.8%), cash (1.1%), real estate (0.2%), other (4.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Utica National Ins Group
Investment Rating
--
Company Address
180 Genesee Street
New Hartford, NY 13413
Phone Number
(800) 598-8422
NAIC Number
25976
Largest Affiliates
C
New Hartford, NY - P&C
C
New Hartford, NY - P&C
C
Columbus, OH - P&C
C
New Hartford, NY - P&C
C
New Hartford, NY - P&C