Major Rating Factors:
Good overall results on stability tests (5.3 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 levels have been consistent in recent years. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.3). Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
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:
Homeowners (50.2%), comm multi (37.0%), farmowners (5.4%), fire (4.4%), other (2.9%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (79.9%), common stock (19.7%), cash (0.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
21170 NYS Route 232
Watertown, NY 13601
Watertown, NY 13601
Phone Number
--
NAIC Number
43869
Website
Largest Affiliates
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