A
Lexington Ins Co
Boston,  MA
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.70
Risk Adjusted
Capital Ratio #2
1.80
Loss
Ratio
64.24%
Total
Assets
17.48B
Capital
4.43B
Net
Premiums
3.93B
Net
Income
143.62M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
45,607
10,083
55,690
18.11%
22.82%
2022
43,908
9,823
53,731
18.28%
23.10%
2021
42,845
9,107
51,952
17.53%
22.81%
2020
44,488
8,828
53,316
16.56%
21.51%
2019
48,206
9,327
57,533
16.21%
22.66%
2018
31,004
4,623
35,627
12.98%
21.92%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
37,801
11,689
49,490
23.62%
47.27%
2022
35,956
11,111
47,067
23.61%
45.41%
2021
36,780
10,990
47,770
23.01%
44.40%
2020
40,842
11,419
52,261
21.85%
42.42%
2019
44,878
12,434
57,312
21.70%
44.33%
2018
26,072
6,944
33,016
21.03%
44.16%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
4,215
1,241
5,456
22.75%
38.64%
2022
4,148
1,209
5,357
22.57%
39.39%
2021
4,579
1,111
5,690
19.53%
40.41%
2020
6,041
1,640
7,681
21.35%
48.09%
2019
5,746
1,350
7,096
19.02%
43.30%
2018
5,777
1,268
7,045
18.00%
41.13%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
18,320
6,446
24,766
26.03%
36.96%
2022
21,609
6,665
28,274
23.57%
37.08%
2021
24,056
6,011
30,067
19.99%
39.17%
2020
23,882
5,313
29,195
18.20%
35.42%
2019
25,521
4,616
30,137
15.32%
35.34%
2018
28,431
4,781
33,212
14.40%
34.35%
Medical Professional Liability (Claims Made)
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
2
14
16
87.50%
95.21%
2022
2
21
23
91.30%
96.00%
2021
0
23
23
100.00%
93.58%
2020
1
19
20
95.00%
94.02%
2019
2
16
18
88.89%
94.59%
2018
30
15
45
33.33%
94.39%
Medical Professional Liability (Occurrence)
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
1
1
2
50.00%
92.52%
2022
3
1
4
25.00%
92.14%
2021
2
3
5
60.00%
91.74%
2020
4
3
7
42.86%
93.85%
2019
4
10
14
71.43%
93.92%
2018
5
4
9
44.44%
92.98%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
239
1,034
1,273
81.23%
74.81%
2022
215
671
886
75.73%
73.22%
2021
182
779
961
81.06%
79.01%
2020
415
1,371
1,786
76.76%
80.13%
2019
331
1,240
1,571
78.93%
77.47%
2018
264
1,250
1,514
82.56%
77.10%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
10,925
3,383
14,308
23.64%
16.34%
2022
12,455
3,012
15,467
19.47%
11.13%
2021
13,504
3,338
16,842
19.82%
18.93%
2020
14,295
3,572
17,867
19.99%
20.93%
2019
17,709
3,881
21,590
17.98%
16.90%
2018
17,558
3,648
21,206
17.20%
11.94%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
418
36
454
7.93%
44.64%
2022
467
67
534
12.55%
46.15%
2021
539
41
580
7.07%
46.87%
2020
525
52
577
9.01%
43.90%
2019
929
84
1,013
8.29%
42.09%
2018
905
65
970
6.70%
39.60%
Product Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
0
2
2
100.00%
68.07%
2022
0
0
0
0.00%
77.84%
2021
1
2
3
66.67%
84.45%
2020
0
3
3
100.00%
83.02%
2019
0
1
1
100.00%
81.57%
2018
0
2
2
100.00%
88.64%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
316
128
444
28.83%
62.55%
2022
450
133
583
22.81%
56.52%
2021
225
86
311
27.65%
62.74%
2020
224
134
358
37.43%
61.51%
2019
259
154
413
37.29%
70.02%
2018
235
82
317
25.87%
70.45%
Warranty
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
16
1
17
5.88%
4.57%
2022
18
0
18
0.00%
4.29%
2021
22
0
22
0.00%
5.64%
2020
27
0
27
0.00%
5.60%
2019
34
0
34
0.00%
6.35%
2018
52
0
52
0.00%
9.76%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
2,651
1,471
4,122
35.69%
35.70%
2022
2,775
2,945
5,720
51.49%
37.14%
2021
3,552
1,085
4,637
23.40%
35.46%
2020
3,941
1,405
5,346
26.28%
33.86%
2019
7,970
1,264
9,234
13.69%
34.01%
2018
7,604
1,161
8,765
13.25%
32.34%
Weiss Ratings