Sun Surety Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9). Fair overall results on stability tests (3.6) including.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
All states except DC, IL, KY, MA, ME, NC, NH, VT, WI
Principal Investments:
Common stock (60.8%), investment grade bonds (21.9%), cash (17.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
21 Main Street
Rapid City, SD 57701
Rapid City, SD 57701
Phone Number
(605) 348-1000
NAIC Number
10909
Website
Largest Affiliates
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