B
United Wisconsin 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 (4.0) with operating losses during 2021 and 2023. Return on equity has been low, averaging 0.5% over the past five years. Fair overall results on stability tests (4.5) including excessive premium growth and weak results on operational trends.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Work comp (82.1%), personal/comm auto (16.0%), other (1.9%)
Licensed in: All states except HI
Principal Investments: Investment grade bonds (98.8%), cash (1.0%), non investment grade bonds (0.2%)
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
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Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Blue Cross Blue Shield of Michigan Mutual Ins Co
Investment Rating
--
Company Address
15200 West Small Road
New Berlin, WI 53151
Phone Number
(262) 787-7701
NAIC Number
29157
Largest Affiliates
A
B
Southfield, MI - P&C
B
NEW HUDSON, MI - L&A
B
B
Walnut Creek, CA - P&C