B
COUNTRY PREFERRED 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 (4.3 on a scale of 0 to 10) including weak results on operational trends. 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.
Other Rating Factors: Excellent profitability (7.4) with operating gains in each of the last five years. Excellent expense controls. 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 (97.5%), homeowners (2.5%)
Licensed in: All states except CA, CT, DC, FL, HI, LA, ME, MA, MS, NH, NJ, NY, NC, SC, UT, VT, VA, WV, PR
Principal Investments: Investment grade bonds (72.5%), common stock (19.0%), non investment grade bonds (0.5%), other (7.9%)
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
21008
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