Strong financial flexibility and liquidity as shown by the company's diverse cash flow sources and successful access to the capital markets. Conservative debt leverage and interest coverage for the current rating, with low double leverage and a modest amount of goodwill. Strong and improving competitive position supported by healthy operating performance. Aggressive investment strategy with 19% of total invested assets in equities, including few substantial concentrations in long-held strategic investments. Limited growth prospects in many of its target markets: specialty business (personal and commercial non-standard automobile), commercial lines, and life and health insurance. The counterparty credit rating on Unitrin Inc. (Unitrin) reflects the group's strong financial flexibility and liquidity, conservative debt leverage and interest coverage, and strong and improving competitive
