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. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
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%. 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