Major Rating Factors:
History of adequate reserve strength (5.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.8) with operating losses during 2020 and 2022.
Other Rating Factors:
Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.4). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Med mal (76.9%), personal/comm auto (4.8%), other (18.3%)
Licensed in:
MA
Principal Investments:
Investment grade bonds (55.8%), common stock (16.4%), non investment grade bonds (11.0%), preferred stock (1.2%), cash (0.4%), other (15.2%)
Corporate Info
Group Affiliation
Medical Professional Mutual Ins Co
Investment Rating
--
Company Address
One Financial Center
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 330-1755
NAIC Number
10206
Website
Largest Affiliates