B
Manufacturers Alliance Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (6.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors: Excellent profitability index (8.4). Excellent overall results on stability tests (7.4). Strengths include potentially strong support from affiliation with Old Republic International Corporation, excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Work comp (59.7%), personal/comm auto (28.8%), comm multi (4.8%), product liab. (0.1%), other (6.6%)
Licensed in: All states except HI, MN
Principal Investments: Investment grade bonds (76.2%), common stock (21.6%), non investment grade bonds (1.1%), other (1.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Old Republic International Corporation
Investment Rating
ORI
Company Address
380 Sentry Parkway
Blue Bell, PA 19422
Phone Number
(610) 397-5000
NAIC Number
36897
Largest Affiliates
A
Mount Pleasant, PA - P&C
B
South Sioux City, NE - P&C
B
B
Blue Bell, PA - P&C
B
Davenport, IA - P&C