Monarch National Ins Co
Major Rating Factors:
Poor long-term capitalization index (1.9 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios). Fair profitability index (4.4) with operating losses during 2020. Return on equity has been fair, averaging 5.9% over the past five years. Fair overall results on stability tests (3.5) including weak risk adjusted capital in prior years and weak results on operational trends. The largest net exposure for one risk is high at 3.6% of capital.
Other Rating Factors:
History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Superior liquidity (9.9) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (80.5%), fire (15.1%), other (4.4%)
Licensed in:
FL
Principal Investments:
Cash (35.7%), investment grade bonds (5.2%), preferred stock (0.3%), other (58.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Hale Partnership Capital Management LLC
Investment Rating
--
Company Address
3490 Martin Hurst Road
Tallahassee, FL 32312
Tallahassee, FL 32312
Phone Number
(800) 293-2532
NAIC Number
15715
Website
Largest Affiliates
No affiliate information available.