Major Rating Factors:
Strong long-term capitalization index (8.8 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.6) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.2%.
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 (7.8). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.2% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (21.5%), comm multi (8.7%), homeowners (7.4%), other (62.4%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (86.4%), common stock (5.4%), non investment grade bonds (1.5%), preferred stock (0.8%), cash (0.3%), other (5.5%)
Corporate Info
Group Affiliation
CUNA Mutual Holding Co
Investment Rating
--
Company Address
5910 Mineral Point Road
Madison, WI 53705
Madison, WI 53705
Phone Number
(608) 238-5851
NAIC Number
10847
Website
Largest Affiliates