Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2023 the two year reserve development was 19.8% deficient. Good long-term capitalization index (5.1) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2022. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability index (8.5). Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Personal/comm auto (12.5%), homeowners (6.1%), comm multi (5.2%), work comp (3.7%), med mal (2.4%), fire (2.0%), fin guar/surety (1.8%), product liab. (1.8%), farmowners (0.1%), other (64.3%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (63.0%), common stock (30.8%), other (6.2%)
Corporate Info
Group Affiliation
Markel Group Inc
Investment Rating
Company Address
10275 West Higgins Road
Rosemont, IL 60018
Rosemont, IL 60018
Phone Number
(847) 572-6387
NAIC Number
35378
Website
Largest Affiliates