Major Rating Factors:
Fair profitability index (3.6 on a scale of 0 to 10) with operating losses during 2023, 2024 and the first six months of 2025. Average return on equity over the last five years has been poor at -1.0%. Fair overall results on stability tests (3.5) including weak results on operational trends and negative cash flow from operations for 2024. The largest net exposure for one risk is conservative at 1.9% of capital. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (62.9%), farmowners (22.9%), comm multi (3.8%), fire (3.7%), other (6.7%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (68.9%), common stock (17.4%), cash (6.9%), real estate (3.5%), other (3.2%)
Corporate Info
Group Affiliation
Mutual of Wausau Ins Corporation
Investment Rating
--
Company Address
3910 West Stewart Avenue
Wausau, WI 54401
Wausau, WI 54401
Phone Number
(715) 842-0686
NAIC Number
11617
Website
Largest Affiliates