Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2025. Fair reserve development (3.5) as reserves have generally been sufficient to cover claims. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.5) despite excessive premium growth. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
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:
Comm multi (2.5%), med mal (1.3%), fin guar/surety (1.3%), other (94.9%)
Licensed in:
All states except ME, also licensed in VI
Principal Investments:
Investment grade bonds (83.9%), cash (15.6%), other (0.5%)
Corporate Info
Group Affiliation
Sompo Holdings Inc
Investment Rating
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Company Address
Four Manhattanville Road
Purchase, NY 10577
Purchase, NY 10577
Phone Number
(914) 468-8000
NAIC Number
10641
Website
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Largest Affiliates