Major Rating Factors:
Strong long-term capitalization index (7.8 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. Ample reserve history (7.3) that can protect against increases in claims costs. Excellent profitability index (8.0) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 19.2%.
Other Rating Factors:
Superior liquidity (9.1) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.2) despite. Stability strengths include good operational trends and good risk diversification.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
CT, MA, NH, RI
Principal Investments:
Investment grade bonds (53.8%), common stock (32.5%), cash (0.5%), other (13.2%)
Corporate Info
Group Affiliation
Charter Management Co Inc
Investment Rating
--
Company Address
25 New Chardon Street
Boston, MA 02114
Boston, MA 02114
Phone Number
(617) 488-6500
NAIC Number
44326
Website
Largest Affiliates