Old Guard Ins Co
Major Rating Factors:
Strong long-term capitalization index (8.4 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (7.4). Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital.
Other Rating Factors:
Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.6) with operating losses during 2023. Return on equity has been low, averaging 3.5% over the past five years.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Comm multi (34.4%), personal/comm auto (24.8%), homeowners (8.2%), work comp (3.5%), farmowners (2.7%), fin guar/surety (2.1%), fire (0.9%), product liab. (0.1%), other (23.3%)
Licensed in:
All states except AK, CA, CT, DC, HI, ID, LA, MA, ME, MT, NH, NJ, NY, OK, OR, RI, UT, VT, WA, WY
Principal Investments:
Investment grade bonds (83.3%), common stock (16.2%), other (0.5%)
Corporate Info
Group Affiliation
Ohio Farmers Ins Co
Investment Rating
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Company Address
One Park Circle
Westfield Center, OH 44251
Westfield Center, OH 44251
Phone Number
(330) 887-0101
NAIC Number
17558
Website
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Largest Affiliates