Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10) including. The largest net exposure for one risk is acceptable at 2.2% of capital. Strong long-term capitalization index (7.6) 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.
Other Rating Factors:
Excellent overall profitability index (6.9) with operating gains in each of the last five years. Return on equity has been fair, averaging 7.5% over the past five years. Excellent liquidity (8.7) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
IN
Principal Investments:
Common stock (61.6%), investment grade bonds (31.4%), cash (1.6%), other (5.4%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
11611 North Meridian Street
Carmel, IN 46032
Carmel, IN 46032
Phone Number
(317) 766-9559
NAIC Number
28380
Website
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Largest Affiliates
No affiliate information available.