PA National Mutual Cas Ins Co
Major Rating Factors:
Strong long-term capitalization index (7.9 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent overall results on stability tests (8.1). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.8) with small operating losses during 2023. Return on equity has been low, averaging 1.8% over the past five years.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (43.5%), homeowners (14.8%), fire (7.7%), comm multi (6.8%), work comp (6.4%), fin guar/surety (0.7%), other (20.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (48.8%), common stock (43.1%), real estate (1.5%), other (6.7%)
Corporate Info
Group Affiliation
Pennsylvania National Mutual Casualty Ins Co
Investment Rating
--
Company Address
Two North Second Street
Harrisburg, PA 17101
Harrisburg, PA 17101
Phone Number
(717) 234-4941
NAIC Number
14990
Largest Affiliates