Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10). Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (6.9) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (33.0%), work comp (23.7%), comm multi (5.7%), fin guar/surety (2.2%), fire (1.7%), other (33.6%)
Licensed in:
All states and PR, VI
Principal Investments:
Investment grade bonds (80.1%), common stock (14.5%), non investment grade bonds (1.1%), other (4.3%)
Corporate Info
Group Affiliation
Old Republic International Corporation
Investment Rating
Company Address
307 North Michigan Avenue
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 346-8100
NAIC Number
24139
Website
Largest Affiliates