Next Ins US Co
Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2021, 2022 and 2024. Vulnerable liquidity (2.1) as a spike in claims may stretch capacity. Good overall results on stability tests (6.7) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs.
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (4.7%), fire (1.8%), work comp (0.4%), other (93.1%)
Licensed in:
All states except AK, ID, ME, NJ, NY, SD, VT, WA
Principal Investments:
Investment grade bonds (2.2%), other (97.8%)
Corporate Info
Group Affiliation
Next Ins Inc
Investment Rating
--
Company Address
C/O Corporation Service Company
Wilmington, DE 19808
Wilmington, DE 19808
Phone Number
(302) 310-1683
NAIC Number
16285
Website
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