Major Rating Factors:
Fair reserve development (4.1 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.5) with operating losses during 2021. Strong long-term capitalization index (9.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Superior liquidity (9.1) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (6.9) despite excessive premium growth and negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (85.2%), fire (2.2%), other (12.6%)
Licensed in:
All states except CA, FL, also licensed in PR
Principal Investments:
Common stock (52.7%), investment grade bonds (44.4%), non investment grade bonds (0.6%), cash (0.3%), other (2.0%)
Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
300 First Stamford Place
Stamford, CT 06902
Stamford, CT 06902
Phone Number
(203) 977-8000
NAIC Number
10019
Website
Largest Affiliates