Major Rating Factors:
Good profitability index (5.0 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2023. Good liquidity (5.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.0) despite. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Fair reserve development (4.6) as reserves have generally been sufficient to cover claims. 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.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
--
Licensed in:
LA, OK
Principal Investments:
Investment grade bonds (81.3%), non investment grade bonds (1.2%), other (17.6%)
Corporate Info
Group Affiliation
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Investment Rating
--
Company Address
7000 Midland Boulevard
Amelia, OH 45102
Amelia, OH 45102
Phone Number
--
NAIC Number
35912
Largest Affiliates