NLADA Mutl Ins Co a RRG
Major Rating Factors:
Weak overall results on stability tests (2.8 on a scale of 0 to 10) including lack of operational experience. The largest net exposure for one risk is acceptable at 2.2% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent profitability index (8.6). 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.
E - Lack of operating experience.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
DC
Principal Investments:
Investment grade bonds (74.0%), cash (26.0%)
Corporate Info
Group Affiliation
Minnesota Lawyers Mutual Ins Co
Investment Rating
--
Company Address
1901 Pennsylvania Avenue NW
Washington, DC 20006
Washington, DC 20006
Phone Number
(202) 452-9870
NAIC Number
17336
Largest Affiliates