Mercury Ins Co of IL
Major Rating Factors:
Good overall results on stability tests (6.1 on a scale of 0 to 10) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9) with operating gains in each of the last five years. Return on equity has been fair, averaging 6.4% over the past five years.
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:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (55.3%), homeowners (44.5%), other (0.2%)
Licensed in:
IL, NJ, PA
Principal Investments:
Investment grade bonds (81.2%), common stock (13.0%), cash (0.3%), other (5.5%)
Corporate Info
Group Affiliation
Mercury General Corporation
Investment Rating
Company Address
100 South Saunders Road
Lake Forest, IL 60045
Lake Forest, IL 60045
Phone Number
(847) 816-4300
NAIC Number
34444
Website
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