Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.9) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.1%. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (90.6%), other (9.4%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (78.8%), cash (6.8%), real estate (3.5%), common stock (3.4%), other (7.5%)
Corporate Info
Group Affiliation
Prescient Holdings LLC
Investment Rating
--
Company Address
217 South Tryon Street
Charlotte, NC 28202
Charlotte, NC 28202
Phone Number
(704) 927-2860
NAIC Number
12773
Website
Largest Affiliates