B
Mercury Ins Co
BreaCA
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 (5.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.9) despite operating losses during 2022. Return on equity has been good over the last five years, averaging 12.9%. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Excellent liquidity (7.5) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.1). 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 (100.0%)
Licensed in: CA
Principal Investments: Investment grade bonds (78.1%), common stock (9.7%), cash (6.1%), preferred stock (0.8%), non investment grade bonds (0.2%), other (5.1%)
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
Mercury General Corporation
Investment Rating
MCY
Company Address
555 West Imperial Highway
Brea, CA 92821
Phone Number
(714) 671-6600
NAIC Number
27553
Largest Affiliates
B
Brea, CA - P&C
B
Oklahoma City, OK - P&C
B
Clearwater, FL - P&C
B
Lake Forest, IL - P&C