SENTRY INS A MUTUAL CO
Major Rating Factors:
Good overall profitability index (6.9 on a scale of 0 to 10). Fair expense controls. Return on equity has been fair, averaging 5.1% over the past five years. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.1) despite weak results on operational trends. Strong long-term capitalization index (9.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.6) that can protect against increases in claims costs.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (46.0%), work comp (25.7%), product liab. (5.1%), fire (3.8%), comm multi (1.3%), other (17.9%)
Licensed in:
All states, the District of Columbia and Puerto Rico
Principal Investments:
Investment grade bonds (47.2%), common stock (31.6%), non investment grade bonds (3.3%), real estate (1.3%), other (16.6%)