C
MA Employers Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.4) including excessive premium growth. Good overall profitability index (5.1) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.3% over the past five years.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business: Work comp (100.0%)
Licensed in: MA
Principal Investments: Investment grade bonds (82.6%), other (17.4%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
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Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Associated Industries of Massachusetts Mutual Ins Co
Investment Rating
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Company Address
54 Third Avenue
Burlington, MA 01803
Phone Number
(781) 221-1600
NAIC Number
12886
Largest Affiliates
B
Burlington, MA - P&C
C
Burlington, MA - P&C
C