Major Rating Factors:
Strong long-term capitalization index (7.7 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. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.2).
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite. The largest net exposure for one risk is conservative at 1.0% of capital.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (94.2%), fire (2.7%), other (3.1%)
Licensed in:
AZ
Principal Investments:
Investment grade bonds (91.2%), common stock (8.1%), other (0.7%)
Corporate Info
Group Affiliation
Residence Mutual Ins Group
Investment Rating
--
Company Address
2172 Dupont Drive
Irvine, CA 92612
Irvine, CA 92612
Phone Number
(949) 724-9402
NAIC Number
38490
Largest Affiliates