Major Rating Factors:
Good overall profitability index (5.1 on a scale of 0 to 10) despite operating losses during 2023. Good overall results on stability tests (6.6) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (98.6%), homeowners (1.4%)
Licensed in:
All states except CA, CT, ID, MA, ME, MI, NC, NH, OK, TN, VT
Principal Investments:
Investment grade bonds (70.6%), common stock (21.1%), non investment grade bonds (7.6%), other (0.8%)
Corporate Info
Group Affiliation
Plymouth Rock Co Incorporated
Investment Rating
--
Company Address
695 Atlantic Avenue
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 720-1620
NAIC Number
36587
Website
Largest Affiliates