Major Rating Factors:
Strong long-term capitalization index (7.3 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. Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends and excellent risk diversification. History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall profitability index (6.6) despite operating losses during 2022. Good liquidity (5.5) 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:
Personal/comm auto (100.0%)
Licensed in:
CA
Principal Investments:
Investment grade bonds (79.5%), common stock (12.2%), cash (2.4%), preferred stock (0.7%), non investment grade bonds (0.4%), other (4.8%)
Corporate Info
Group Affiliation
Mercury General Corporation
Investment Rating
Company Address
555 West Imperial Highway
Brea, CA 92821
Brea, CA 92821
Phone Number
323 937 1060
NAIC Number
27553
Website
Largest Affiliates