C
Essentia Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
--
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
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 profitability index (4.9). Excellent expense controls. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Good overall results on stability tests (6.0) despite excessive premium growth and negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. 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.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow.
Principal Lines of Business: Personal/comm auto (73.4%), other (26.6%)
Licensed in: All states
Principal Investments: Investment grade bonds (15.4%), other (84.6%)
Ratios
Premium to Surplus
--
Reserve to Surplus
--
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
Net Premium Growth
--
Investments in Affiliates
--
Corporate Info
Group Affiliation
Markel Group Inc
Investment Rating
MKL
Company Address
4521 Highwoods Parkway
Glen Allen, VA 23060
Phone Number
(847) 572-6387
NAIC Number
37915
Largest Affiliates
B
Rosemont, IL - P&C
C
Summit, NJ - P&C
B
Glen Allen, VA - P&C
B
Bedford, TX - P&C
B
Glen Allen, VA - P&C