Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10) including. Strengths include potentially strong support from affiliation with Lititz Mutual Ins Co. Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. Ample reserve history (8.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been good over the last five years, averaging 11.4%. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Homeowners (67.6%), fire (17.9%), farmowners (1.2%), other (13.3%)
Licensed in:
NY, PA
Principal Investments:
Common stock (39.0%), investment grade bonds (30.7%), cash (4.1%), other (26.2%)
Corporate Info
Group Affiliation
Lititz Mutual Ins Co
Investment Rating
--
Company Address
Two North Broad Street
Lititz, PA 17543
Lititz, PA 17543
Phone Number
(717) 626-4751
NAIC Number
10748
Website
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