Philadelphia Indemnity Ins Co
Major Rating Factors:
Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (8.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.8). Excellent overall results on stability tests (8.9). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
Comm multi (51.3%), personal/comm auto (18.9%), fin guar/surety (3.8%), product liab. (0.3%), farmowners (0.3%), other (25.4%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (77.8%), non investment grade bonds (6.6%), common stock (3.4%), cash (0.3%), other (11.9%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
Three Bala Plaza, East
Bala Cynwyd, PA 19004
Bala Cynwyd, PA 19004
Phone Number
(610) 206-7836
NAIC Number
18058
Website
Largest Affiliates