A
Residence Mutual Ins Co
IrvineCA
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
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Major Rating Factors: Strong long-term capitalization index (9.3 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. Excellent profitability index (8.1) with operating gains in each of the last five years. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Other Rating Factors: Excellent overall results on stability tests (7.1). Stability strengths include excellent operational trends and excellent risk diversification. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Homeowners (87.7%), fire (8.1%), other (4.2%)
Licensed in: CA, CO, NM, NV, TX, UT
Principal Investments: Investment grade bonds (93.5%), common stock (4.5%), real estate (1.8%), other (0.3%)
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
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Corporate Info
Group Affiliation
Residence Mutual Ins Group
Investment Rating
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Company Address
2172 Dupont Drive
Irvine, CA 92612
Phone Number
(949) 724-9402
NAIC Number
15776
Largest Affiliates
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Irvine, CA - P&C