FEDERAL INS CO
Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10). The largest net exposure for one risk is excessive at 6.1% of capital. Strengths include potentially strong support from affiliation with Chubb Limited. History of adequate reserve strength (6.6) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall profitability index (5.8). Good expense controls. Return on equity has been excellent over the last five years averaging 31.0%. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (15.4%), homeowners (9.7%), personal/comm auto (6.1%), work comp (6.0%), fin guar/surety (4.6%), acc & health (3.7%), product liab. (2.8%), fire (0.1%), other (51.5%)
Licensed in:
All states, the District of Columbia and Puerto Rico
Principal Investments:
Investment grade bonds (58.8%), non investment grade bonds (13.7%), common stock (13.0%), real estate (0.6%), preferred stock (0.1%), other (13.7%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
One American Square 202 N Illi
INDIANAPOLIS, IN 46282
INDIANAPOLIS, IN 46282
Phone Number
(215) 640-1000
NAIC Number
20281
Website
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