Western Pacific Mutual Ins Co
Major Rating Factors:
Fair profitability index (4.8 on a scale of 0 to 10). Good overall results on stability tests (6.3) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.5% of capital. Strong long-term capitalization index (10.0) 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. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Other (100%)
Licensed in:
CO
Principal Investments:
Investment grade bonds (57.4%), common stock (39.5%), cash (2.7%), other (0.3%)
Corporate Info
Group Affiliation
Parmer Group
Investment Rating
--
Company Address
5300 Derry Street
Harrisburg, PA 17111
Harrisburg, PA 17111
Phone Number
(717) 561-4495
NAIC Number
40940
Website
--
Largest Affiliates