Claim Professionals Liab Ins
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including weak risk diversification and negative cash flow from operations for 2024. The largest net exposure for one risk is excessive at 10.7% of capital. Good overall profitability index (5.0). Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
VT
Principal Investments:
Common stock (59.0%), investment grade bonds (24.4%), cash (6.8%), preferred stock (1.7%), other (8.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
27 Main Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 231-0303
NAIC Number
12172
Website
Largest Affiliates
No affiliate information available.