Major Rating Factors:
Strong long-term capitalization index (10.0 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. Ample reserve history (8.0) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2).
Other Rating Factors:
Excellent liquidity (8.5) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.8) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
NC
Principal Investments:
Investment grade bonds (58.4%), common stock (23.1%), preferred stock (5.1%), cash (2.0%), non investment grade bonds (0.1%), other (11.3%)
Corporate Info
Group Affiliation
Lawyers Mutual Liability Ins Co of North Carolina
Investment Rating
--
Company Address
1001 Winstead Drive
Cary, NC 27513
Cary, NC 27513
Phone Number
(919) 677-8900
NAIC Number
36013
Website
Largest Affiliates
No affiliate information available.