Mercer Ins Co
Major Rating Factors:
Fair profitability index (4.8 on a scale of 0 to 10). History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.6). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (11.7%), comm multi (3.9%), product liab. (3.6%), work comp (2.8%), fire (2.5%), fin guar/surety (2.4%), homeowners (0.6%), other (72.6%)
Licensed in:
NJ, NY, PA
Principal Investments:
Investment grade bonds (79.7%), common stock (15.1%), cash (3.4%), other (1.8%)
Corporate Info
Group Affiliation
United Fire Group Inc
Investment Rating
Company Address
118 Second Avenue, SE
Cedar Rapids, IA 52401
Cedar Rapids, IA 52401
Phone Number
(319) 399-5700
NAIC Number
14478
Website
Largest Affiliates