Colonial Surety Co
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. Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent profitability index (8.6).
Other Rating Factors:
Excellent liquidity (8.3) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.3) despite. Stability strengths include excellent operational trends and good risk diversification.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fin guar/surety (27.5%), other (72.5%)
Licensed in:
All states and GU, MP, PR, VI
Principal Investments:
Investment grade bonds (63.8%), cash (22.9%), common stock (8.7%), other (4.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
123 Tice Boulevard
Woodcliff Lake, NJ 07677
Woodcliff Lake, NJ 07677
Phone Number
(201) 573-8788
NAIC Number
10758
Website
Largest Affiliates
No affiliate information available.