Rating Date
April 2025
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including. Good profitability index (4.9). Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL, AZ, CA, CO, CT, DC, HI, IA, IL, IN, KS, KY, MA, MD, MI, MO, ND, NY, OH, OR, PA, SD, UT, VA, WI
Principal Investments:
Investment grade bonds (64.1%), other (35.9%)
Ratios
Premium to Surplus
Reserve to Surplus
--
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
--
Corporate Info
Group Affiliation
MGIC Investment Corporation
Investment Rating
Company Address
250 East Kilbourn Avenue
Milwaukee, WI 53202
Milwaukee, WI 53202
Phone Number
(800) 558-9900
NAIC Number
10682
Website
Largest Affiliates