Major Rating Factors:
Strong long-term capitalization index (7.3 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. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.0) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.3%.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.3). Strengths include potentially strong support from affiliation with Cincinnati Financial Corporation, excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (16.5%), product liab. (8.0%), fire (4.4%), med mal (0.2%), other (70.8%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (73.3%), common stock (18.1%), cash (6.1%), non investment grade bonds (2.4%)
Corporate Info
Group Affiliation
Cincinnati Financial Corporation
Investment Rating
Company Address
6200 South Gilmore Road
Fairfield, OH 45014
Fairfield, OH 45014
Phone Number
(513) 870-2000
NAIC Number
13037
Website
Largest Affiliates