E
CROWN GLOBAL INS CO OF AMERICA
Data as of
September 30, 2021
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Poor overall capitalization (0.0 on a scale of 0 to 10) based on excessive policy leverage and weak risk adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0) including weak results on operational trends, weak policy risk diversification. Fair profitability (4.8). Excellent expense controls. Return on equity has been low, averaging -3.1%.
Other Rating Factors: Good quality investment portfolio (6.4). Excellent liquidity (10.0).
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Group annuities (39.9%), other (60.1%)
Licensed in: DE, SD, TX
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Crown Global Ins Group LLC
Investment Rating
--
Company Address
1000 N West St Ste 1200
Wilmington, DE 19801
Phone Number
(302) 357-9349
NAIC Number
14679
Largest Affiliates
No affiliate information available.
Weiss Ratings