B
Utica Mutual Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: History of adequate reserve strength (6.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent profitability index (8.4) with operating gains in each of the last five years.
Other Rating Factors: Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (36.8%), comm multi (33.1%), work comp (12.0%), homeowners (6.2%), fire (0.1%), other (11.7%)
Licensed in: All states
Principal Investments: Investment grade bonds (68.8%), common stock (20.7%), non investment grade bonds (4.6%), cash (1.8%), real estate (0.2%), other (3.9%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Utica National Ins Group
Investment Rating
--
Company Address
180 Genesee Street
New Hartford, NY 13413
Phone Number
(800) 598-8422
NAIC Number
25976
Largest Affiliates
B
New Hartford, NY - P&C
B
New Hartford, NY - P&C
B
Columbus, OH - P&C
B
New Hartford, NY - P&C
B
New Hartford, NY - P&C