Major Rating Factors:
Good overall results on stability tests (6.9 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (4.0) with operating losses during 2020, 2021, 2022 and 2023. Average return on equity over the last five years has been poor at -1.5%. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (95.5%), other (4.5%)
Licensed in:
CT, MA
Principal Investments:
Common stock (68.6%), investment grade bonds (19.8%), non investment grade bonds (3.1%), other (8.5%)
Corporate Info
Group Affiliation
Plymouth Rock Co Incorporated
Investment Rating
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Company Address
695 Atlantic Avenue
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 956-1775
NAIC Number
10394
Website
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Largest Affiliates