National Mortgage Ins Corp
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.5).
Other Rating Factors:
Excellent liquidity (7.1) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (99.6%), cash (0.4%)
Corporate Info
Group Affiliation
NMI Holdings Inc
Investment Rating
Company Address
2100 Powell Street
Emeryville, CA 94608
Emeryville, CA 94608
Phone Number
(855) 873-2584
NAIC Number
13695
Website
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