HAYMARKET INS CO
Major Rating Factors:
Poor capitalization (2.1 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario). Low quality investment portfolio (0.4) containing large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Weak profitability (2.1) with operating losses during 2022. Return on equity has been low, averaging -2.8%.
Other Rating Factors:
Weak overall results on stability tests (1.9) including weak risk adjusted capital in prior years. Excellent Liquidity (9.0).
Stability Factors:
Principal Lines of Business:
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Licensed in:
NE, SC, UT
Investments
Invested Assets
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Cash
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CMO & Structured Securities
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Other Investment Grade Bonds
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Non-Investment Grade Bonds
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Common & Preferred Stock
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Mortgages in Good Standing
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Non-Performing Mortgages
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Real Estate
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Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Advantage Capital Partners LLC
Investment Rating
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Company Address
222 South 15th Street 1202S
SALT LAKE CITY, UT 84111
SALT LAKE CITY, UT 84111
Phone Number
(801) 618-0937
NAIC Number
15828
Website
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Largest Affiliates