Major Rating Factors:
History of adequate reserve strength (5.2 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. Excellent profitability index (9.9). Excellent expense controls.
Other Rating Factors:
Excellent liquidity (8.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.2% of capital.
Stability Factors:
Principal Lines of Business:
Fire (75.4%), product liab. (0.9%), other (23.7%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (80.7%), cash (12.1%), common stock (3.9%), non investment grade bonds (2.9%), other (0.4%)
Corporate Info
Group Affiliation
Starr International Co Inc
Investment Rating
--
Company Address
399 Park Avenue
New York, NY 10022
New York, NY 10022
Phone Number
(646) 227-6600
NAIC Number
13604
Website
Largest Affiliates