POM Ins Co
Major Rating Factors:
Good overall results on stability tests (5.9 on a scale of 0 to 10) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9) with operating gains in each of the last five years. Return on equity has been low, averaging 2.1% over the past five years.
Other Rating Factors:
Strong long-term capitalization index (9.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Homeowners (98.6%), other (1.4%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (54.2%), common stock (43.2%), cash (0.1%), other (2.4%)
Corporate Info
Group Affiliation
Franklin Mutual Ins Co
Investment Rating
--
Company Address
Five Broad Street
Branchville, NJ 07826
Branchville, NJ 07826
Phone Number
(973) 948-8800
NAIC Number
15750
Website
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