Major Rating Factors:
Strong long-term capitalization index (9.8 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. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level. Good overall profitability index (5.2).
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (24.2%), homeowners (19.9%), comm multi (16.6%), fire (0.5%), other (38.8%)
Licensed in:
CT, MA, MD, ME, NH, NJ, NY, PA, RI
Principal Investments:
Investment grade bonds (39.5%), common stock (28.0%), non investment grade bonds (3.3%), cash (1.3%), real estate (0.2%), other (27.8%)
Corporate Info
Group Affiliation
Quincy Mutual Fire Ins Co
Investment Rating
--
Company Address
57 Washington Street
Quincy, MA 02169
Quincy, MA 02169
Phone Number
(617) 770-5100
NAIC Number
15067
Largest Affiliates