OGLESBY REINS CO
Major Rating Factors:
Strong long-term capitalization index (10.0 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. Excellent profitability (8.6) with operating gains in each of the last five years. Excellent expense controls.
Other Rating Factors:
Superior liquidity (9.1) with ample operational cash flow and liquid investments. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.5) despite weak results on operational trends. The largest net exposure for one risk is conservative at 1.5% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
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Principal Investments:
Investment grade bonds (96.9%), other (3.1%)
Corporate Info
Group Affiliation
State Farm Group
Investment Rating
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Company Address
One State Farm Plaza
Bloomington, IL 61710
Bloomington, IL 61710
Phone Number
(414) 369-5033
NAIC Number
14103
Website
Largest Affiliates
