For The U.S. Property/Casualty Industry, Making Workers' Compensation Profitable May Be Mission Impossible Jan 12
- Language: English
- Published: January 2012
- Region: United States
On Dec. 15, 2011, Standard & Poor's Ratings Services affirmed its 'Api' counterparty credit and financial strength ratings on United Farm Family Life Insurance Co. (UFFLIC) The ratings on UFFLIC reflect the company's very strong capital adequacy and strong liquidity, as measured by our models, and strong profitability, based on its statutory pretax return on revenue and return on assets. The company's limited geographic presence (86% of its 2010 net premiums written in Indiana) somewhat offsets these strengths. UFFLIC, which is based in Indianapolis, writes individual life (about 81% of net premiums) and annuity business (about 19% of net premiums). The company began operations in 1984 and is licensed to operate in 10 states. UFFLIC is wholly owned by Indiana...
Companies mentioned in this report are: United Farm Family Life Insurance Co. (Unsolicited Ratings),Countryway Insurance Co. (Unsolicited Ratings),UFB Casualty Insurance Co. (Unsolicited Ratings),United Farm Family Mutual Insurance Co. (Unsolicited Ratings)
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
SHOW LESS READ MORE >
United Farm Family Life Insurance Co. (Unsolicited Ratings),Countryway Insurance Co. (Unsolicited Ratings),UFB Casualty Insurance Co. (Unsolicited Ratings),United Farm Family Mutual Insurance Co. (Unsolicited Ratings)