Major Rating Factors:
History of adequate reserve strength (5.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.2) despite operating losses during 2022. Good liquidity (5.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.2) despite. The largest net exposure for one risk is high at 3.2% of capital. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (41.4%), homeowners (20.9%), fire (4.9%), work comp (4.8%), comm multi (3.1%), fin guar/surety (1.8%), product liab. (1.1%), med mal (0.5%), farmowners (0.4%), other (21.0%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (69.8%), non investment grade bonds (6.9%), common stock (2.5%), preferred stock (0.1%), other (20.7%)
Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
--
Company Address
175 Berkeley Street
Boston, MA 02116
Boston, MA 02116
Phone Number
(617) 357-9500
NAIC Number
23035
Largest Affiliates