Knight Specialty Ins Co
Major Rating Factors:
Good long-term capitalization index (5.9 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Fair profitability index (3.5). Fair overall results on stability tests (4.0) including weak results on operational trends and fair risk adjusted capital in prior years.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent liquidity (8.9) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (30.5%), comm multi (13.8%), homeowners (10.4%), fire (2.3%), fin guar/surety (0.1%), other (42.9%)
Licensed in:
DE
Principal Investments:
Common stock (47.8%), investment grade bonds (32.4%), non investment grade bonds (3.4%), cash (2.0%), other (14.4%)
Corporate Info
Group Affiliation
Don R Hankey Trust
Investment Rating
--
Company Address
4751 Wilshire Boulevard
Los Angeles, CA 90010
Los Angeles, CA 90010
Phone Number
(888) 333-8198
NAIC Number
15366
Largest Affiliates