Normandy Ins Co
Major Rating Factors:
Fair liquidity (4.2 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Good long-term capitalization index (5.4) based on good current risk adjusted capital (severe and moderate loss scenarios) reflecting some improvement over results in 2020. Good overall profitability index (5.3) despite operating losses during 2025.
Other Rating Factors:
Good overall results on stability tests (5.0) despite negative cash flow from operations for 2025 and fair risk adjusted capital in prior years. Stability strengths include excellent operational trends and good risk diversification. Ample reserve history (9.7) that helps to protect the company against sharp claims increases.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, AR, CT, DC, FL, GA, KY, LA, MA, MD, ME, MO, MS, MT, NC, NE, NJ, NY, OK, PA, RI, SC, TN, TX, UT, VA
Principal Investments:
Investment grade bonds (36.5%), common stock (10.3%), cash (7.7%), real estate (3.5%), non investment grade bonds (0.2%), other (41.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
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
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