Florists Mutual Ins Co
Major Rating Factors:
History of adequate reserve strength (6.4 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.4) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Superior liquidity (9.0) with ample operational cash flow and liquid investments. Fair profitability index (4.8) with operating losses during 2024. Return on equity has been low, averaging 3.5% over the past five years.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (49.9%), work comp (33.7%), fire (2.5%), product liab. (1.0%), comm multi (0.1%), other (12.9%)
Licensed in:
All states except WY
Principal Investments:
Investment grade bonds (89.1%), common stock (5.1%), real estate (3.1%), other (2.7%)
Corporate Info
Group Affiliation
Sentry Mutual Holding Co
Investment Rating
--
Company Address
One Horticultural Lane
Edwardsville, IL 62025
Edwardsville, IL 62025
Phone Number
(715) 346-6000
NAIC Number
13978
Website
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