Major Rating Factors:
Strong long-term capitalization index (7.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (8.3) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 12.3%.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.9). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
All states except ND, OH, WA, WY
Principal Investments:
Investment grade bonds (84.9%), non investment grade bonds (6.4%), common stock (3.5%), cash (0.8%), other (4.3%)
Corporate Info
Group Affiliation
Employers Holdings Inc
Investment Rating
Company Address
5340 Kietzke Lane
Reno, NV 89511
Reno, NV 89511
Phone Number
(775) 327-2700
NAIC Number
10346
Website
Largest Affiliates