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 (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2).
Other Rating Factors:
Excellent liquidity (7.8) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (98.9%), other (1.1%)
Licensed in:
MA, ME, NH, VT
Principal Investments:
Investment grade bonds (78.8%), common stock (17.9%), cash (2.3%), other (1.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
East Tower
Portland, ME 04101
Portland, ME 04101
Phone Number
(207) 775-2791
NAIC Number
36277
Website
Largest Affiliates
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