Major Rating Factors:
Strong long-term capitalization index (7.8 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent profitability index (9.1).
Other Rating Factors:
Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.3) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.5% of capital.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (3.3%), fin guar/surety (1.5%), other (95.1%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (70.4%), cash (10.7%), common stock (0.9%), other (18.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
250 East Broad Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(614) 228-2800
NAIC Number
26565
Website
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