Sterling Ins Co
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 (8.1) that helps to protect the company against sharp claims increases. Excellent profitability index (8.5).
Other Rating Factors:
Excellent overall results on stability tests (7.3). Stability strengths include excellent operational trends and excellent risk diversification. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (61.8%), comm multi (27.7%), personal/comm auto (3.9%), fire (1.6%), farmowners (0.2%), other (4.8%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (79.3%), common stock (13.4%), cash (1.6%), real estate (0.5%), other (5.2%)
Corporate Info
Group Affiliation
Sterling Ins Co
Investment Rating
--
Company Address
182 Barnerville Road
Cobleskill, NY 12043
Cobleskill, NY 12043
Phone Number
--
NAIC Number
15210
Website
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