Great Northern Ins Co
Major Rating Factors:
Good profitability index (4.9 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.3% over the past five years. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Homeowners (42.7%), comm multi (24.8%), personal/comm auto (16.4%), product liab. (2.6%), work comp (1.3%), other (12.2%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (90.1%), cash (7.2%), other (2.7%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
202B Hall's Mill Road
Whitehouse Station, NJ 08889
Whitehouse Station, NJ 08889
Phone Number
(215) 640-1000
NAIC Number
20303
Website
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