A
Motorists Comm Mutual Ins Co
Rating Date
November 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Strong long-term capitalization index (8.7 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Other Rating Factors: Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends and excellent risk diversification. Good overall profitability index (6.9) with operating gains in each of the last five years. Return on equity has been low, averaging 4.7% over the past five years.
Stability Factors: L - Past results on our liquidity tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Comm multi (38.5%), personal/comm auto (31.9%), work comp (12.0%), homeowners (1.6%), fire (0.3%), product liab. (0.1%), other (15.5%)
Licensed in: All states except AK, AL, AR, FL, HI, LA, MS, MT
Principal Investments: Investment grade bonds (56.7%), common stock (22.8%), cash (0.3%), other (20.2%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Encova Mutual Ins Group Inc
Investment Rating
--
Company Address
471 East Broad Street
Columbus, OH 43215
Phone Number
(614) 225-8211
NAIC Number
13331
Largest Affiliates
A
Charleston, WV - P&C
A
Columbus, OH - P&C
B
Columbus, OH - L&A
A
Charleston, WV - P&C
B
Columbus, OH - P&C
Weiss Ratings