A
CITIZENS PROPERTY INS CORP
Data as of
December 31, 2020
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Superior liquidity (9.7) with ample operational cash flow and liquid investments.
Other Rating Factors: History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level. Fair overall results on stability tests (3.2) including weak results on operational trends. Weak profitability index (2.0) with operating losses during 2016, 2017 and 2018.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Homeowners (63.4%), fire (2.0%), other (34.5%)
Licensed in: FL
Principal Investments: Other (100%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2101 MARYLAND CIRCLE
Tallahassee, FL 32303
Phone Number
(850) 513-3774
NAIC Number
10064
Largest Affiliates
No affiliate information available.
Weiss Ratings