Major Rating Factors:
Good liquidity (6.8 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 (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.4). Fair overall results on stability tests (4.2) including. The largest net exposure for one risk is excessive at 6.9% of capital.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fire (12.6%), personal/comm auto (9.6%), comm multi (8.9%), homeowners (5.0%), work comp (4.3%), product liab. (3.8%), med mal (0.9%), other (55.1%)
Licensed in:
DE
Principal Investments:
Investment grade bonds (79.9%), non investment grade bonds (7.5%), common stock (0.8%), cash (0.5%), other (11.3%)
Corporate Info
Group Affiliation
American International Group Inc
Investment Rating
Company Address
99 High Street
Boston, MA 02110
Boston, MA 02110
Phone Number
(617) 330-1100
NAIC Number
19437
Largest Affiliates