Major Rating Factors:
Strong long-term capitalization index (9.4 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs. Good overall profitability index (6.0) despite operating losses during 2022. Return on equity has been low, averaging 4.7% over the past five years.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (46.9%), personal/comm auto (27.7%), work comp (4.8%), product liab. (0.4%), fire (0.4%), other (19.8%)
Licensed in:
AL, AR, GA, IA, IL, KS, KY, MO, MS, NC, NE, NM, OK, SC, SD, TN, TX
Principal Investments:
Investment grade bonds (87.5%), common stock (5.8%), cash (3.0%), preferred stock (0.7%), other (2.9%)
Corporate Info
Group Affiliation
Columbia Mutual Ins Co
Investment Rating
--
Company Address
2102 White Gate Drive
Columbia, MO 65202
Columbia, MO 65202
Phone Number
(573) 474-6193
NAIC Number
19640
Website
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