Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2022 and 2024. Good liquidity (5.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.0) despite. Stability strengths include good operational trends and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Stability Factors:
Principal Lines of Business:
Homeowners (55.3%), comm multi (22.3%), farmowners (12.1%), fire (5.7%), other (4.5%)
Licensed in:
VA
Principal Investments:
Investment grade bonds (55.5%), common stock (29.6%), cash (5.0%), non investment grade bonds (2.4%), real estate (1.2%), preferred stock (1.0%), other (5.4%)
Corporate Info
Group Affiliation
Loudoun Mutual Ins Co
Investment Rating
--
Company Address
15609 High Street
Waterford, VA 20197
Waterford, VA 20197
Phone Number
(540) 882-3232
NAIC Number
10329
Website
Largest Affiliates