C
Standard Casualty Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
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Capital
Net
Premiums
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Major Rating Factors: Weak profitability index (2.9 on a scale of 0 to 10) with operating losses during 2021, 2022, 2023, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -9.3%. Good long-term capitalization index (5.8) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Fair overall results on stability tests (4.3) including negative cash flow from operations for 2024 and fair risk adjusted capital in prior years.
Other Rating Factors: History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (46.7%), homeowners (43.9%), fire (8.9%), other (0.5%)
Licensed in: AL, AR, AZ, GA, IN, KY, NC, NM, NV, OH, OR, SC, TN, TX, VA, WA
Principal Investments: Investment grade bonds (40.7%), common stock (10.9%), cash (4.8%), real estate (1.2%), other (42.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
Company Address
100 Northwoods Drive
New Braunfels, TX 78132
Phone Number
(830) 629-6111
NAIC Number
12645
Largest Affiliates
No affiliate information available.