Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2022 and 2023. Average return on equity over the last five years has been poor at -1.2%. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level. 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.
Other Rating Factors:
Excellent liquidity (7.1) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.3). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.6% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (68.9%), homeowners (18.8%), fire (1.2%), comm multi (0.4%), other (10.7%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (85.8%), common stock (7.5%), cash (5.4%), preferred stock (1.3%)
Corporate Info
Group Affiliation
Fundacion Mapfre Estudios
Investment Rating
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Company Address
3590 Twin Creeks Drive
Columbus, OH 43204
Columbus, OH 43204
Phone Number
(614) 272-6951
NAIC Number
19941
Website
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Largest Affiliates