Major Rating Factors:
History of adequate reserve strength (6.7 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.4) with operating losses during 2022 and 2023.
Other Rating Factors:
Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (6.9) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.7% of capital.
Stability Factors:
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