Evergreen National Indem Co
Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 7.0% of capital. Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.2). Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
All states except HI, NC, WV
Principal Investments:
Investment grade bonds (59.3%), non investment grade bonds (9.8%), preferred stock (8.9%), cash (6.6%), common stock (3.5%), other (11.9%)
Corporate Info
Group Affiliation
WT Holdings Inc
Investment Rating
--
Company Address
6150 Oak Tree Boulevard
Independence, OH 44131
Independence, OH 44131
Phone Number
(440) 229-3420
NAIC Number
12750
Largest Affiliates