Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.9) including. The largest net exposure for one risk is excessive at 5.3% of capital. Strong long-term capitalization index (8.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.2).
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fire (26.9%), homeowners (0.2%), other (73.0%)
Licensed in:
All states and Canada, GU, MP, PR, VI
Principal Investments:
Common stock (58.6%), investment grade bonds (33.5%), cash (2.3%), other (5.7%)
Corporate Info
Group Affiliation
Factory Mutual Ins Co
Investment Rating
--
Company Address
270 Central Avenue
Johnston, RI 02919
Johnston, RI 02919
Phone Number
(401) 275-3000
NAIC Number
10014
Website
Largest Affiliates