St Charles Ins Co RRG
Major Rating Factors:
Weak overall results on stability tests (2.3 on a scale of 0 to 10) including weak results on operational trends and weak risk diversification. Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.5) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.2). Excellent expense controls. Excellent liquidity (7.0) 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:
Reinsurance (100.0%)
Licensed in:
SC
Principal Investments:
Common stock (59.0%), investment grade bonds (37.9%), preferred stock (0.4%), cash (0.4%), other (2.3%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
38 Broad Street
Charleston, SC 29401
Charleston, SC 29401
Phone Number
(602) 200-6900
NAIC Number
11114
Website
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Largest Affiliates
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