Major Rating Factors:
Strong long-term capitalization index (8.9 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 overall results on stability tests (8.1). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
Good overall profitability index (6.9). Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Comm multi (41.2%), personal/comm auto (28.9%), work comp (12.4%), homeowners (2.3%), fire (0.4%), product liab. (0.1%), other (14.6%)
Licensed in:
All states except AK, AL, AR, FL, HI, LA, MS, MT
Principal Investments:
Investment grade bonds (79.4%), common stock (15.9%), other (4.7%)
Corporate Info
Group Affiliation
Encova Mutual Ins Group Inc
Investment Rating
--
Company Address
471 East Broad Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(614) 225-8211
NAIC Number
13331
Website
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