Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including excessive premium growth. Good quality investment portfolio (6.4) with minimal exposure to mortgages and no exposure to junk bonds. Good Liquidity (6.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (9.9) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.9) with operating gains in each of the last five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (29.8%), group life (5.0%), other (65.2%)
Licensed in:
All states except PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Amica Mutual Group
Investment Rating
--
Company Address
100 AMICA WAY
Lincoln, RI 02865
Lincoln, RI 02865
Phone Number
(800) 652-6422
NAIC Number
72222
Website
Largest Affiliates