B
Affiliated FM Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Capital
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Premiums
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Major Rating Factors: Good overall results on stability tests (4.9 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 5.2% 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. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors: Excellent profitability index (8.2) with operating gains in each of the last five years. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Stability Factors: R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
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%)
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2-Year Reserve Development
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Investments in Affiliates
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Corporate Info
Group Affiliation
Factory Mutual Ins Co
Investment Rating
--
Company Address
270 Central Avenue
Johnston, RI 02919
Phone Number
(401) 275-3000
NAIC Number
10014
Largest Affiliates
A
Johnston, RI - P&C
C
Johnston, RI - P&C