B
Graphic Arts Mutual Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: History of adequate reserve strength (6.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors: Excellent profitability index (8.3). Excellent overall results on stability tests (8.1). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Comm multi (38.2%), personal/comm auto (30.2%), work comp (15.3%), homeowners (3.6%), other (12.8%)
Licensed in: All states except AK, AZ, CO, HI, ID, KY, LA, MI, MN, MO, MT, NM, NV, OK, OR, SD, UT, WA, WI, WV, WY
Principal Investments: Investment grade bonds (90.9%), common stock (6.7%), other (2.5%)
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
25984
Largest Affiliates
B
New Hartford, NY - P&C
B
Des Plaines, IL - P&C
B
Columbus, OH - P&C
B
New Hartford, NY - P&C
B
New Hartford, NY - P&C