Major Rating Factors:
Weak overall results on stability tests (1.4 on a scale of 0 to 10) including weak results on operational trends and weak risk diversification. The largest net exposure for one risk is high at 3.2% of capital. Good overall profitability index (5.3) with operating gains in each of the last five years. Return on equity has been low, averaging 2.8% over the past five years. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.1) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (100.0%)
Licensed in:
(No states)
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
441 Middle Road
Dalmatia, PA 17017
Dalmatia, PA 17017
Phone Number
(570) 758-9163
NAIC Number
27685
Website
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Largest Affiliates
No affiliate information available.