Western Pacific Mutual Ins Co
Major Rating Factors:
Fair profitability index (4.3 on a scale of 0 to 10) with operating losses during 2020. Return on equity has been low, averaging 0.6% over the past five years. Good overall results on stability tests (6.6) despite. The largest net exposure for one risk is acceptable at 2.6% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
CO
Principal Investments:
Investment grade bonds (60.3%), common stock (37.2%), cash (2.1%), other (0.4%)
Corporate Info
Group Affiliation
Parmer Group
Investment Rating
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Company Address
5300 Derry Street
Harrisburg, PA 17111
Harrisburg, PA 17111
Phone Number
(717) 561-4495
NAIC Number
40940
Website
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Largest Affiliates