Central Co-operative Ins Co
Major Rating Factors:
Good overall results on stability tests (5.1 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.4). Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (37.3%), homeowners (33.0%), fire (10.7%), farmowners (8.2%), other (10.7%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (77.8%), common stock (14.4%), cash (5.1%), real estate (0.7%), other (2.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
Six Southgate Road
Baldwinsville, NY 13027
Baldwinsville, NY 13027
Phone Number
(315) 635-7606
NAIC Number
43826
Website
Largest Affiliates
There are no affiliate to display.