Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall profitability index (6.9). Excellent expense controls. Weak overall results on stability tests (0.0) including excessive premium growth and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 33.3% of capital.
Other Rating Factors:
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (7.6%), personal/comm auto (2.3%), product liab. (0.6%), other (89.5%)
Licensed in:
All states except VA
Principal Investments:
Investment grade bonds (90.5%), cash (1.0%), other (8.5%)
Corporate Info
Group Affiliation
Brookfield Wealth Solutions Ltd
Investment Rating
Company Address
24 E Washington Street
Chicago, IL 60602
Chicago, IL 60602
Phone Number
(800) 470-7958
NAIC Number
36927
Largest Affiliates