PLICO Inc
Major Rating Factors:
Strong long-term capitalization index (9.2 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 (9.2) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Good profitability index (5.0) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 1.5% over the past five years. Good overall results on stability tests (6.6) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (99.4%), other (0.6%)
Licensed in:
OK
Principal Investments:
Common stock (72.0%), investment grade bonds (18.5%), cash (5.0%), real estate (1.6%), other (2.8%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
126 Harrison Avenue
Oklahoma City, OK 73104
Oklahoma City, OK 73104
Phone Number
(405) 815-4800
NAIC Number
39594
Website
Largest Affiliates