D
SENECA INS CO
Data as of
March 31, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Weak overall results on stability tests (2.8) including weak financial strength of affiliated Fairfax Financial and weak results on operational trends.
Other Rating Factors: Strong long-term capitalization index (9.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability (7.2) despite modest operating losses during 2017. Superior liquidity (10.0) 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: Comm multi (72.5%), fire (7.2%), personal/comm auto (2.5%), fin guar/surety (1.6%), work comp (0.7%), other (15.6%)
Licensed in: All states, the District of Columbia and Puerto Rico
Principal Investments: Investment grade bonds (48.2%), common stock (33.1%), cash (18.7%), other (0.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
Net Premium Growth
--
Investments in Affiliates
Corporate Info
Group Affiliation
Fairfax Financial
Investment Rating
--
Company Address
199 Water Street
NEW YORK, NY 10038
Phone Number
(212) 344-3000
NAIC Number
10936
Largest Affiliates
C
STAMFORD, CT - P&C
C
WILMINGTON, DE - P&C
C
CONCORD, NH - P&C
B
WILMINGTON, DE - P&C
C
WOODLAND HILLS, CA - P&C
Weiss Ratings