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 overall results on stability tests (3.5) including. 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.
Other Rating Factors:
Excellent profitability index (7.9) with operating gains in each of the last five years. Excellent liquidity (8.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
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 (54.8%), investment grade bonds (23.7%), cash (21.4%)
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
No affiliate information available.