Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.4) with operating losses during 2021 and 2023. 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, good risk adjusted capital for prior years and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023. Excellent liquidity (7.0) 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.
Principal Lines of Business:
Comm multi (60.9%), personal/comm auto (11.3%), fire (1.3%), other (26.5%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (10.7%), cash (0.5%), other (88.8%)
Corporate Info
Group Affiliation
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Investment Rating
--
Company Address
7000 Midland Boulevard
Amelia, OH 45102
Amelia, OH 45102
Phone Number
--
NAIC Number
41998
Largest Affiliates