Major Rating Factors:
Good long-term capitalization index (5.5 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2021. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.3%.
Other Rating Factors:
Excellent liquidity (7.4) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.2). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (99.9%)
Licensed in:
All states except HI, WY
Principal Investments:
Investment grade bonds (93.1%), common stock (5.5%), cash (0.7%), other (0.7%)
Corporate Info
Group Affiliation
Employers Holdings Inc
Investment Rating
Company Address
5340 Kietzke Lane
Reno, NV 89511
Reno, NV 89511
Phone Number
(775) 327-2700
NAIC Number
10006
Website
Largest Affiliates