Major Rating Factors:
Fair profitability index (3.2 on a scale of 0 to 10) with operating losses during each of the last five years. However, profits have turned positive in the first three months of 2025. Average return on equity over the last five years has been poor at -8.0%. Fair long-term capitalization index (4.9) 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 overall results on stability tests (6.0) 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. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (97.2%), other (2.8%)
Licensed in:
MA
Principal Investments:
Common stock (47.0%), investment grade bonds (42.2%), 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
16037
Website
Largest Affiliates