Cherry Valley Coop Ins Co
Major Rating Factors:
Weak overall results on stability tests (1.9 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is acceptable at 2.1% of capital. 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. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent profitability index (8.5). Superior liquidity (9.1) 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:
Comm multi (18.6%), homeowners (13.9%), farmowners (4.3%), fire (3.4%), other (59.8%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (64.4%), cash (35.6%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
8800 Sheridan Drive
Williamsville, NY 14231
Williamsville, NY 14231
Phone Number
(716) 632-5433
NAIC Number
29670
Website
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Largest Affiliates
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