Major Rating Factors:
History of adequate reserve strength (5.8 on a scale of 0 to 10) 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. Good overall results on stability tests (6.7) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Fair profitability index (3.7) with operating losses during each of the last five years. Strong long-term capitalization index (8.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Homeowners (72.7%), personal/comm auto (16.4%), comm multi (4.9%), fire (1.2%), other (4.8%)
Licensed in:
CT, MA, RI, VT, WA
Principal Investments:
Investment grade bonds (60.3%), common stock (26.2%), cash (2.7%), non investment grade bonds (2.3%), preferred stock (2.2%), real estate (1.7%), other (4.6%)
Corporate Info
Group Affiliation
New London County Mutual Ins Co
Investment Rating
--
Company Address
101 High Street
Norwich, CT 06360
Norwich, CT 06360
Phone Number
(860) 887-3553
NAIC Number
14826
Website
Largest Affiliates