Columbia Federal Ins Co
Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including excessive premium growth, weak risk diversification and negative cash flow from operations for 2024. History of adequate reserve strength (6.4) as reserves have been consistently at an acceptable level. Good overall profitability index (5.0) despite operating losses during 2020, 2022 and 2023. Excellent expense controls. Average return on equity over the last five years has been poor at -0.1%.
Other Rating Factors:
Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
(No states)
Principal Investments:
Common stock (77.9%), investment grade bonds (18.7%), cash (3.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1801 Bladensburg Road, NE
Washington, DC 20002
Washington, DC 20002
Phone Number
(202) 832-4600
NAIC Number
10692
Website
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Largest Affiliates
No affiliate information available.