C
Cincinnati Equitable Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
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Major Rating Factors: Fair reserve development (4.1 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.8). Fair overall results on stability tests (3.1) including excessive premium growth. Strengths include potentially strong support from affiliation with Michigan Farm Bureau.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business: Farmowners (97.5%), other (2.5%)
Licensed in: IL, IN, KY, OH, PA
Principal Investments: Investment grade bonds (84.0%), non investment grade bonds (10.0%), cash (1.7%), other (4.3%)
Ratios
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
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Cash From Underwriting
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Investments in Affiliates
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Corporate Info
Group Affiliation
Michigan Farm Bureau
Investment Rating
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Company Address
525 Vine Street
Cincinnati, OH 45202
Phone Number
(513) 621-1826
NAIC Number
16721
Largest Affiliates