Major Rating Factors:
History of adequate reserve strength (6.1 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Fair profitability index (4.7). 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:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Work comp (11.2%), personal/comm auto (9.5%), comm multi (9.5%), med mal (4.2%), fin guar/surety (2.7%), product liab. (0.8%), fire (0.6%), other (61.6%)
Licensed in:
All states and GU, MP, PR, VI
Principal Investments:
Investment grade bonds (86.7%), common stock (12.4%), preferred stock (0.6%), other (0.3%)
Corporate Info
Group Affiliation
Loews Corporation
Investment Rating
Company Address
151 North Franklin Street
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(312) 822-5000
NAIC Number
35289
Website
Largest Affiliates