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. Fair profitability index (4.2) with operating losses during 2021. Return on equity has been low, averaging 0.9% 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:
F - Negative cash flow.
Principal Lines of Business:
Homeowners (32.8%), fire (13.0%), work comp (10.6%), personal/comm auto (10.3%), comm multi (5.9%), product liab. (3.5%), other (23.9%)
Licensed in:
All states and GU, MP, PR, VI
Principal Investments:
Investment grade bonds (78.0%), common stock (16.4%), cash (2.1%), other (3.5%)
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
Largest Affiliates