Major Rating Factors:
Strong long-term capitalization index (8.4 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (7.3). Stability strengths include excellent operational trends and excellent risk diversification. Good overall profitability index (5.4) despite operating losses during 2022. Return on equity has been low, averaging 3.5% over the past five years.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (52.5%), personal/comm auto (31.4%), work comp (5.1%), product liab. (0.7%), fire (0.6%), other (9.8%)
Licensed in:
AL, AR, AZ, CO, GA, IA, ID, IL, IN, KS, KY, MN, MO, MS, MT, NC, ND, NE, NM, OK, SC, SD, TN, TX, VA, WA, WV, WY
Principal Investments:
Investment grade bonds (58.6%), common stock (30.4%), cash (3.6%), non investment grade bonds (3.4%), real estate (1.2%), preferred stock (0.7%), other (2.0%)
Corporate Info
Group Affiliation
Columbia Mutual Ins Co
Investment Rating
--
Company Address
2102 White Gate Drive
Columbia, MO 65202
Columbia, MO 65202
Phone Number
(573) 474-6193
NAIC Number
40371
Website
Largest Affiliates