Indem Ins Co N Amer (PA)
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). Excellent expense controls. Strong long-term capitalization index (10.0) 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 (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
Work comp (31.3%), farmowners (7.3%), personal/comm auto (3.8%), comm multi (1.4%), other (56.2%)
Licensed in:
All states and PR, VI
Principal Investments:
Investment grade bonds (78.5%), cash (14.0%), other (7.5%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
436 Walnut Street
Philadelphia, PA 19106
Philadelphia, PA 19106
Phone Number
(215) 640-1000
NAIC Number
43575
Website
Largest Affiliates