Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2021, 2022, 2024 and 2025. Fair overall results on stability tests (3.5) including negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 8.8% of capital. History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Homeowners (90.2%), personal/comm auto (6.0%), comm multi (1.4%), fire (0.4%), other (2.1%)
Licensed in:
CT, MA, NH, RI
Principal Investments:
Investment grade bonds (78.8%), common stock (8.9%), cash (3.7%), non investment grade bonds (2.3%), preferred stock (1.8%), other (4.5%)
Corporate Info
Group Affiliation
New London County Mutual Ins Co
Investment Rating
--
Company Address
50 Derby Street
Hingham, MA 02043
Hingham, MA 02043
Phone Number
(781) 749-0841
NAIC Number
37346
Website
Largest Affiliates