Major Rating Factors:
Fair reserve development (3.5 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.3). Good overall results on stability tests (5.5) despite excessive premium growth. Stability strengths include good historical capital adequacy and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2021. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (20.3%), work comp (7.4%), product liab. (1.6%), personal/comm auto (0.8%), other (69.9%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (75.3%), common stock (7.3%), other (17.5%)
Corporate Info
Group Affiliation
AXA SA
Investment Rating
--
Company Address
677 Washington Blvd
Stamford, CT 06901
Stamford, CT 06901
Phone Number
(203) 964-5200
NAIC Number
24554
Website
Largest Affiliates