Major Rating Factors:
Fair profitability index (3.1 on a scale of 0 to 10) with operating losses during each of the last five years. Fair long-term capitalization index (4.7) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range during the last year. History of adequate reserve strength (5.6) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (5.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.1) despite fair risk adjusted capital in prior years. The largest net exposure for one risk is high at 3.4% of capital. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Homeowners (97.1%), other (2.9%)
Licensed in:
MA
Principal Investments:
Common stock (47.1%), investment grade bonds (42.0%), non investment grade bonds (9.9%), other (0.9%)
Corporate Info
Group Affiliation
Plymouth Rock Co Incorporated
Investment Rating
--
Company Address
695 Atlantic Avenue
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 956-1775
NAIC Number
16035
Website
Largest Affiliates