A
Quincy Mutual Fire Ins Co
QuincyMA
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
Loading...
Major Rating Factors: Strong long-term capitalization index (9.6 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 (7.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Other Rating Factors: Excellent overall results on stability tests (8.1). Stability strengths include excellent operational trends and excellent risk diversification. Good overall profitability index (5.1) despite modest operating losses during the first three months of 2025. Return on equity has been fair, averaging 5.8% over the past five years.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (26.4%), homeowners (20.1%), comm multi (16.2%), fire (0.5%), other (36.8%)
Licensed in: CT, MA, MD, ME, NH, NJ, NY, PA, RI
Principal Investments: Investment grade bonds (38.9%), common stock (29.1%), non investment grade bonds (3.1%), cash (1.0%), real estate (0.2%), other (27.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Quincy Mutual Fire Ins Co
Investment Rating
--
Company Address
57 Washington Street
Quincy, MA 02169
Phone Number
(617) 770-5100
NAIC Number
15067
Largest Affiliates
B
B
Portland, ME - P&C