B
New London County Mutl Ins Co
NorwichCT
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
234
0
234
0.00%
23.31%
2023
200
0
200
0.00%
22.83%
2022
0
0
0
0.00%
23.10%
2021
311
79
390
20.26%
22.81%
2020
320
59
379
15.57%
21.51%
2019
0
0
0
0.00%
22.66%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
32
0
32
0.00%
41.75%
2023
23
0
23
0.00%
38.64%
2022
0
0
0
0.00%
39.39%
2021
17
11
28
39.29%
40.41%
2020
26
19
45
42.22%
48.09%
2019
27
23
50
46.00%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
532
0
532
0.00%
39.58%
2023
492
0
492
0.00%
36.96%
2022
0
0
0
0.00%
37.07%
2021
530
181
711
25.46%
39.17%
2020
755
194
949
20.44%
35.42%
2019
584
165
749
22.03%
35.34%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
3
0
3
0.00%
12.20%
2023
1
0
1
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
1
3
4
75.00%
18.93%
2020
2
3
5
60.00%
20.93%
2019
5
2
7
28.57%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
285
0
285
0.00%
45.22%
2023
237
0
237
0.00%
44.64%
2022
0
0
0
0.00%
46.15%
2021
84
20
104
19.23%
46.87%
2020
84
22
106
20.75%
43.90%
2019
124
36
160
22.50%
42.09%