Major Rating Factors:
Good long-term capitalization index (6.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2022. History of adequate reserve strength (5.1) as reserves have been consistently at an acceptable level. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.7) despite fair risk adjusted capital in prior years. The largest net exposure for one risk is acceptable at 2.4% of capital. Excellent profitability index (8.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Personal/comm auto (13.2%), homeowners (7.7%), comm multi (5.2%), work comp (3.7%), med mal (2.5%), fire (2.4%), product liab. (1.6%), fin guar/surety (1.6%), farmowners (0.1%), other (61.8%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (60.6%), common stock (32.1%), real estate (0.4%), other (7.0%)
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