Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been low, averaging 3.0% over the past five years. History of adequate reserve strength (5.7) as reserves have been consistently at an acceptable level. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.1) despite. The largest net exposure for one risk is high at 3.4% of capital. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (39.8%), homeowners (19.4%), work comp (5.9%), fire (5.7%), comm multi (3.5%), fin guar/surety (1.7%), product liab. (1.4%), med mal (0.4%), farmowners (0.3%), other (21.8%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (69.8%), non investment grade bonds (6.6%), common stock (2.3%), other (21.3%)
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
