Penn National Security Ins Co
Major Rating Factors:
Strong long-term capitalization index (9.5 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level. Fair profitability index (4.0) with operating losses during 2023 and 2024. Return on equity has been low, averaging 2.1% over the past five years.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (42.1%), homeowners (10.8%), fire (8.9%), work comp (7.7%), comm multi (7.5%), fin guar/surety (0.5%), other (22.4%)
Licensed in:
AL, DC, DE, MD, NC, NJ, PA, SC, TN, VA
Principal Investments:
Investment grade bonds (92.6%), common stock (6.7%), non investment grade bonds (0.1%), other (0.5%)
Corporate Info
Group Affiliation
Pennsylvania National Mutual Casualty Ins Co
Investment Rating
--
Company Address
Two North Second Street
Harrisburg, PA 17101
Harrisburg, PA 17101
Phone Number
(717) 234-4941
NAIC Number
32441
Largest Affiliates