Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent profitability index (8.0) with operating gains in each of the last five years.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except CA, CT, KY, ME, NH
Principal Investments:
Investment grade bonds (95.2%), other (4.8%)
Corporate Info
Group Affiliation
MGIC Investment Corporation
Investment Rating
Company Address
250 East Kilbourn Avenue
Milwaukee, WI 53202
Milwaukee, WI 53202
Phone Number
(800) 558-9900
NAIC Number
22594
Website
Largest Affiliates