Major Rating Factors:
Fair profitability index (3.4 on a scale of 0 to 10). Good expense controls. Return on equity has been low, averaging 2.3% over the past five years. Fair overall results on stability tests (3.2) including weak results on operational trends.
Other Rating Factors:
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
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 (9.8%), other (90.2%)
Licensed in:
NJ
Principal Investments:
Investment grade bonds (90.5%), cash (9.5%)
Corporate Info
Group Affiliation
CNA Financial Corp
Investment Rating
Company Address
4 Century Dr
WARREN, NJ 7059
WARREN, NJ 7059
Phone Number
(414) 369-5033
NAIC Number
42625
Website
Largest Affiliates
