Prof Ins Exchange Mutl Inc
Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with modest operating losses during the first six months of 2025. Return on equity has been low, averaging 2.5% over the past five years. Weak overall results on stability tests (2.4) including weak risk diversification and negative cash flow from operations for 2024. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent liquidity (7.6) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
(No states)
Principal Investments:
Common stock (55.3%), investment grade bonds (28.4%), real estate (4.9%), cash (2.3%), other (9.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
445 East 4500 South
Salt Lake City, UT 84107
Salt Lake City, UT 84107
Phone Number
(801) 262-0200
NAIC Number
37435
Website
Largest Affiliates
No affiliate information available.