Bar Plan Surety & Fidelity Co
Major Rating Factors:
Fair reserve development (3.9 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.8) with small operating losses during 2022 and 2023. Return on equity has been low, averaging 0.9% over the past five years. Fair overall results on stability tests (3.1) including excessive premium growth.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) 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:
CT, IL, KS, MO, NH, OK
Principal Investments:
Investment grade bonds (59.9%), common stock (36.6%), cash (2.8%), non investment grade bonds (0.4%), other (0.3%)
Corporate Info
Group Affiliation
The Bar Plan Mutual Ins Co
Investment Rating
--
Company Address
622 Emerson Road
Saint Louis, MO 63141
Saint Louis, MO 63141
Phone Number
(314) 965-3333
NAIC Number
10966
Website
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