Major Rating Factors:
Good overall profitability index (6.8 on a scale of 0 to 10). Fair reserve development (4.3) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 17.5% deficient. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent liquidity (7.9) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Product liab. (10.5%), personal/comm auto (8.8%), fire (0.5%), other (80.2%)
Licensed in:
NE
Principal Investments:
Investment grade bonds (57.9%), common stock (15.6%), non investment grade bonds (0.9%), preferred stock (0.5%), other (25.0%)
Corporate Info
Group Affiliation
Brookfield Corporation
Investment Rating
Company Address
24 E. Washington Street
Chicago, IL 60602
Chicago, IL 60602
Phone Number
(800) 470-7958
NAIC Number
39993
Website
Largest Affiliates