Philadelphia Indemnity Ins Co
Major Rating Factors:
History of adequate reserve strength (6.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.8) 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 (8.8). Excellent overall results on stability tests (8.8). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Comm multi (51.8%), personal/comm auto (18.3%), fin guar/surety (3.8%), product liab. (0.3%), farmowners (0.3%), other (25.5%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (80.2%), non investment grade bonds (7.0%), cash (0.7%), common stock (0.2%), 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
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