B
Utica National Ins Co of TX
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall results on stability tests (6.2 on a scale of 0 to 10) despite. Strong long-term capitalization index (9.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors: Excellent profitability index (8.1) with operating gains in each of the last five years. Excellent liquidity (8.3) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (51.4%), homeowners (17.2%), comm multi (16.4%), work comp (9.6%), other (5.3%)
Licensed in: CT, GA, MA, NH, NJ, NY, OH, PA, TX
Principal Investments: Investment grade bonds (98.4%), other (1.6%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Utica National Ins Group
Investment Rating
--
Company Address
180 Genese Street
New Hartford, NY 13413
Phone Number
(800) 598-8422
NAIC Number
43478
Largest Affiliates
B
New Hartford, NY - P&C
B
New Hartford, NY - P&C
B
New Hartford, NY - P&C
B
Columbus, OH - P&C
B
New Hartford, NY - P&C