United Equitable Ins Co
Major Rating Factors:
Fair long-term capitalization index (3.6 on a scale of 0 to 10) based on fair current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023. Fair reserve development (4.2) as the level of reserves has at times been insufficient to cover claims. In 2024 and 2025 the two year reserve development was 15.7% and 26.9% deficient respectively. Fair overall results on stability tests (4.0) including weak risk adjusted capital in prior years. The largest net exposure for one risk is conservative at 1.3% of capital.
Other Rating Factors:
Good overall profitability index (6.1) despite operating losses during 2021, 2022 and 2023. Good liquidity (5.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
IL, IN, MO, PA, WI
Principal Investments:
Investment grade bonds (41.3%), common stock (9.2%), preferred stock (8.0%), cash (7.0%), non investment grade bonds (0.1%), other (34.3%)
Corporate Info
Group Affiliation
United Equitable Group Ltd
Investment Rating
--
Company Address
9040 Waukegan Road
Morton Grove, IL 60053
Morton Grove, IL 60053
Phone Number
(847) 583-4600
NAIC Number
24910
Website
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