Diamond Ins Co
Major Rating Factors:
Good long-term capitalization index (6.8 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good overall results on stability tests (5.1) despite fair risk adjusted capital in prior years. Stability strengths include excellent operational trends and good risk diversification. Ample reserve history (9.5) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.8) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 12.2%. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
FL, IA, IL, IN, KS, KY, MI, MN, MO, NE, NV, OK, PA, SD, TN, VA, WI, WV
Principal Investments:
Investment grade bonds (44.8%), non investment grade bonds (29.1%), common stock (3.3%), cash (1.9%), preferred stock (1.5%), other (19.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1900 East Golf Road
Schaumburg, IL 60173
Schaumburg, IL 60173
Phone Number
(847) 230-1331
NAIC Number
10659
Website
Largest Affiliates
No affiliate information available.