Wright National Flood Ins Co
Rating Date
June 2025
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall results on stability tests (5.2) despite. Stability strengths include good risk diversification. 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.
Other Rating Factors:
Excellent profitability index (8.8) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been good over the last five years, averaging 10.3%. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (47.3%), cash (45.8%), other (6.8%)
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
None
Investment Rating
Company Address
93 Park Place Boulevard
Clearwater, FL 33759
Clearwater, FL 33759
Phone Number
(727) 803-2040
NAIC Number
11523
Website
Largest Affiliates
No affiliate information available.