C
American Mercury Lloyds Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.2). Fair overall results on stability tests (3.8) including excessive premium growth.
Other Rating Factors: Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business: Homeowners (100.0%)
Licensed in: TX
Principal Investments: Investment grade bonds (72.9%), cash (22.0%), other (5.1%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Mercury General Corporation
Investment Rating
MCY
Company Address
7301 Northwest Expressway
Oklahoma City, OK 73132
Phone Number
(405) 621-6590
NAIC Number
25470
Largest Affiliates
B
Brea, CA - P&C
B
Brea, CA - P&C
B
Oklahoma City, OK - P&C
B
Clearwater, FL - P&C