Major Rating Factors:
Strong long-term capitalization index (9.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Good overall profitability index (6.9) with operating gains in each of the last five years. Return on equity has been fair, averaging 6.0% over the past five years.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (51.3%), personal/comm auto (30.8%), work comp (11.0%), comm multi (4.4%), fire (0.2%), other (2.4%)
Licensed in:
CT, MA, NH, RI
Principal Investments:
Investment grade bonds (96.3%), other (3.7%)
Corporate Info
Group Affiliation
Arbella Ins Group
Investment Rating
--
Company Address
1100 Crown Colony Drive
Quincy, MA 02269
Quincy, MA 02269
Phone Number
(617) 328-2800
NAIC Number
10017
Website
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