KW Specialty Ins Co
Major Rating Factors:
Fair profitability index (4.3 on a scale of 0 to 10) with operating losses during 2021, 2023 and the first three months of 2025. Return on equity has been low, averaging 0.1% over the past five years. Fair overall results on stability tests (3.6) including weak results on operational trends. The largest net exposure for one risk is high at 3.2% of capital. Strong long-term capitalization index (7.7) 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 (7.0) as reserves have been consistently at an acceptable level. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (83.1%), cash (8.7%), common stock (7.3%), other (0.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
14851 North Scottsdale Road
Scottsdale, AZ 85254
Scottsdale, AZ 85254
Phone Number
(480) 676-1500
NAIC Number
16255
Website
Largest Affiliates
No affiliate information available.