B
COUNTRY CASUALTY INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (4.2 on a scale of 0 to 10) including weak results on operational trends. Good overall profitability index (6.4) with small operating losses during 2018. Return on equity has been low, averaging 0.7% over the past five years.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (57.2%), homeowners (22.0%), fire (11.5%), comm multi (1.5%), other (7.8%)
Licensed in: All states except CA, DC, FL, HI, LA, MS, NH, NJ, NY, NC, SC, UT, VT, VA, WV, PR
Principal Investments: Investment grade bonds (90.0%), cash (0.3%), other (9.7%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
Net Premium Growth
--
Investments in Affiliates
Corporate Info
Group Affiliation
COUNTRY Financial
Investment Rating
--
Company Address
1701 Towanda Avenue
BLOOMINGTON, IL 61701
Phone Number
(309) 821-3904
NAIC Number
20982
Largest Affiliates
A
BLOOMINGTON, IL - L&A
B
BLOOMINGTON, IL - P&C
A
BLOOMINGTON, IL - L&A
B
ALPHARETTA, GA - L&A
B
BLOOMINGTON, IL - P&C
Weiss Ratings