PMI Ins Co
Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been fair, averaging 18.3% over the past five years. Fair overall results on stability tests (3.3) including negative cash flow from operations for 2023. The largest net exposure for one risk is acceptable at 2.0% of capital. Strong long-term capitalization index (9.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except FL, NH
Principal Investments:
Investment grade bonds (81.4%), non investment grade bonds (13.7%), cash (1.5%), other (3.4%)
Corporate Info
Group Affiliation
The PMI Group Inc
Investment Rating
Company Address
3003 Oak Road
Walnut Creek, CA 94597
Walnut Creek, CA 94597
Phone Number
(800) 963-8849
NAIC Number
10287
Website
Largest Affiliates
