North Light Specialty Ins Co
Major Rating Factors:
Good liquidity (5.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.9) despite weak risk adjusted capital in prior years. The largest net exposure for one risk is acceptable at 2.2% of capital. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (9.5).
Stability Factors:
Principal Lines of Business:
Homeowners (94.3%), comm multi (5.3%), other (0.4%)
Licensed in:
IL
Principal Investments:
Investment grade bonds (92.7%), preferred stock (0.5%), other (6.8%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
3100 Sanders Road
Northbrook, IL 60062
Northbrook, IL 60062
Phone Number
(847) 402-5000
NAIC Number
13167
Largest Affiliates