Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9). Excellent expense controls. Good overall results on stability tests (6.1) despite excessive premium growth and negative cash flow from operations for 2024. Other stability subfactors include potentially strong support from affiliation with CUNA Mutual Holding Co, good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (8.1) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (12.2%), personal/comm auto (0.2%), other (87.6%)
Licensed in:
IA
Principal Investments:
Investment grade bonds (72.9%), other (27.1%)
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
12758
Website
Largest Affiliates