Pacific Employers Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9) with operating losses during 2021. Excellent expense controls. Return on equity has been low, averaging 1.0% over the past five years. 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:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Homeowners (26.4%), comm multi (20.3%), fire (9.8%), personal/comm auto (9.1%), work comp (8.5%), product liab. (3.4%), other (22.5%)
Licensed in:
All states and GU, MP, PR, VI
Principal Investments:
Investment grade bonds (75.9%), common stock (16.7%), cash (3.3%), other (4.1%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
436 Walnut Street
Philadelphia, PA 19106
Philadelphia, PA 19106
Phone Number
(215) 640-1000
NAIC Number
22748
Website
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