Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.1% over the past five years. 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:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.5). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, DC, HI, NH
Principal Investments:
Investment grade bonds (10.4%), other (89.6%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
9200 Northpark Drive
Johnston, IA 50131
Johnston, IA 50131
Phone Number
(215) 640-1000
NAIC Number
42757
Website
Largest Affiliates
