C
Eastern Atlantic Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
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Major Rating Factors: Fair profitability index (4.9 on a scale of 0 to 10). History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Good overall results on stability tests (6.2) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.0% of capital. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors: F - Negative cash flow.
Principal Lines of Business: Personal/comm auto (91.6%), fin guar/surety (0.4%), other (8.1%)
Licensed in: All states except AK, AL, CA, DC, HI, KY, LA, MA, MO, MS, NH, NJ, NV, NY, WI, WV
Principal Investments: Investment grade bonds (44.6%), common stock (31.3%), cash (3.9%), other (20.1%)
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2-Year Reserve Development
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Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Parmer Group
Investment Rating
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Company Address
5300 Derry Street
Harrisburg, PA 17111
Phone Number
(717) 561-4495
NAIC Number
28649
Largest Affiliates
C
Harrisburg, PA - P&C
C
Harrisburg, PA - P&C