Major Rating Factors:
Strong long-term capitalization index (8.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent overall profitability index (7.0) with operating gains in each of the last five years. Return on equity has been fair, averaging 9.4% over the past five years.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (13.1%), comm multi (8.8%), personal/comm auto (7.8%), work comp (4.1%), homeowners (4.0%), product liab. (2.8%), med mal (1.4%), other (57.9%)
Licensed in:
DE
Principal Investments:
Investment grade bonds (80.7%), non investment grade bonds (5.0%), cash (1.5%), common stock (0.8%), preferred stock (0.1%), other (11.8%)
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
