US Surety Co
Major Rating Factors:
Good overall results on stability tests (5.7 on a scale of 0 to 10) despite excessive premium growth. The largest net exposure for one risk is conservative at 1.7% of capital. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.7) with operating gains in each of the last five years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (48.3%), comm multi (5.8%), personal/comm auto (1.4%), product liab. (0.5%), other (44.0%)
Licensed in:
CT, DC, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, OH, PA, RI, SC, TN, VA, VT, WV
Principal Investments:
Investment grade bonds (95.4%), cash (4.4%), other (0.3%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
225 Schilling Circle
Hunt Valley, MD 21031
Hunt Valley, MD 21031
Phone Number
(410) 453-9522
NAIC Number
10656
Largest Affiliates