Major Rating Factors:
History of adequate reserve strength (5.7 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.5) despite. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Fair profitability index (3.6) with operating losses during each of the last five years. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
Principal Lines of Business:
Homeowners (71.0%), personal/comm auto (15.7%), comm multi (6.8%), fire (1.4%), other (5.2%)
Licensed in:
CT, MA, RI, VT, WA
Principal Investments:
Investment grade bonds (61.4%), common stock (25.4%), non investment grade bonds (2.1%), real estate (1.8%), preferred stock (1.7%), cash (1.3%), other (6.2%)
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