Major Rating Factors:
Fair long-term capitalization index (3.3 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios). History of adequate reserve strength (5.1) as reserves have been consistently at an acceptable level. Good overall profitability index (6.0) despite operating losses during 2020. Return on equity has been fair, averaging 5.6% over the past five years.
Other Rating Factors:
Good overall results on stability tests (6.9) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and excellent risk diversification. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (9.6%), fire (5.5%), med mal (2.9%), product liab. (0.2%), other (81.9%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (64.6%), common stock (16.5%), cash (2.6%), non investment grade bonds (1.9%), other (14.4%)
Corporate Info
Group Affiliation
Skyward Specialty Ins Group Inc
Investment Rating
Company Address
800 Gessner Road
Houston, TX 77024
Houston, TX 77024
Phone Number
(713) 935-4820
NAIC Number
12936
Website
Largest Affiliates