Major Rating Factors:
Strong long-term capitalization index (8.2 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. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends and excellent risk diversification. Good overall profitability index (5.0).
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Homeowners (65.0%), comm multi (15.8%), fire (3.2%), personal/comm auto (0.2%), other (15.8%)
Licensed in:
CT, IL, MA, ME, NH, NJ, NY, RI, VT
Principal Investments:
Common stock (78.3%), investment grade bonds (11.0%), cash (9.3%), other (1.4%)
Corporate Info
Group Affiliation
Andover Companies
Investment Rating
--
Company Address
95 Old River Road
Andover, MA 01810
Andover, MA 01810
Phone Number
(978) 475-3300
NAIC Number
19763
Website
Largest Affiliates