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 (7.4) that can protect against increases in claims costs. Excellent profitability index (8.5).
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.5) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
CT, MA, NH, RI
Principal Investments:
Investment grade bonds (55.1%), common stock (31.0%), cash (0.2%), other (13.8%)
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