C
Safety Specialty Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
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Major Rating Factors: Fair overall results on stability tests (3.7 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 8.2% of capital. Good overall profitability index (5.3) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been good over the last five years, averaging 11.2%. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Comm multi (50.0%), personal/comm auto (3.4%), product liab. (1.0%), other (45.6%)
Licensed in: (No states)
Principal Investments: Investment grade bonds (76.3%), non investment grade bonds (4.0%), cash (0.1%), other (19.6%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
1832 Schuetz Road
Saint Louis, MO 63146
Phone Number
(888) 995-5300
NAIC Number
13815
Largest Affiliates
C
Schaumburg, IL - L&A
B
Saint Louis, MO - P&C
B
Bala Cynwyd, PA - P&C
A
Houston, TX - P&C
C
White Plains, NY - P&C