Normandy Ins Co
Major Rating Factors:
Good long-term capitalization index (5.4 on a scale of 0 to 10) based on good current risk adjusted capital (severe and moderate loss scenarios) reflecting some improvement over results in 2020. Good overall results on stability tests (5.0) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification. Ample reserve history (9.8) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.5) despite modest operating losses during the first three months of 2025. Return on equity has been good over the last five years, averaging 12.2%. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, AR, CT, DC, FL, GA, LA, MA, MD, ME, MO, MS, NC, NJ, NY, OK, PA, RI, SC, TN, TX, VA
Principal Investments:
Investment grade bonds (50.7%), cash (9.4%), common stock (7.5%), real estate (3.7%), non investment grade bonds (0.2%), other (28.5%)
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
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
4800 North Federal Highway
Boca Raton, FL 33431
Boca Raton, FL 33431
Phone Number
(954) 617-6265
NAIC Number
13012
Website
Largest Affiliates
No affiliate information available.