Major Rating Factors:
Fair profitability index (4.9 on a scale of 0 to 10) with operating losses during 2023. Return on equity has been fair, averaging 5.3% over the past five years. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent liquidity (7.1) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (94.2%), homeowners (5.3%), other (0.4%)
Licensed in:
CT, MA, RI
Principal Investments:
Common stock (71.7%), investment grade bonds (15.0%), non investment grade bonds (1.6%), other (11.7%)
Corporate Info
Group Affiliation
Plymouth Rock Co Incorporated
Investment Rating
--
Company Address
695 Atlantic Avenue
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 720-1620
NAIC Number
14737
Website
Largest Affiliates