Production (Stage)
Philadelphia Indemnity Ins Co
Major Rating Factors:
History of adequate reserve strength (6.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent profitability index (8.8) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.8%.
Other Rating Factors:
Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.9). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (51.8%), personal/comm auto (18.3%), fin guar/surety (3.8%), product liab. (0.3%), farmowners (0.3%), other (25.5%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (80.2%), non investment grade bonds (7.0%), cash (0.7%), common stock (0.2%), other (11.9%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
Three Bala Plaza, East
Bala Cynwyd, PA 19004
Bala Cynwyd, PA 19004
Phone Number
(610) 206-7836
NAIC Number
18058
Website
Largest Affiliates