Vermont Mutual Ins Co
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent profitability index (7.0) despite operating losses during 2023.
Other Rating Factors:
Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends and excellent risk diversification. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Comm multi (39.2%), homeowners (35.4%), personal/comm auto (15.1%), fire (4.1%), other (6.3%)
Licensed in:
CT, MA, ME, NH, NY, RI, VT
Principal Investments:
Investment grade bonds (70.2%), common stock (18.4%), cash (3.4%), non investment grade bonds (2.3%), real estate (0.5%), other (5.2%)
Corporate Info
Group Affiliation
Vermont Mutual Ins Co
Investment Rating
--
Company Address
89 State Street
Montpelier, VT 05602
Montpelier, VT 05602
Phone Number
(802) 223-2341
NAIC Number
26018
Website
Largest Affiliates