AzGUARD Ins Co
Major Rating Factors:
A history of deficient reserves (2.9 on a scale of 0 to 10). Underreserving can have an adverse impact on capital and profits. In 2024 and 2025 the two year reserve development was 31.2% and 40.0% deficient respectively. Fair profitability index (4.8) with operating losses during 2021, 2023 and 2024. 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.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.7). Strengths include potentially strong support from affiliation with Berkshire Hathaway Inc, good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (35.5%), work comp (13.8%), personal/comm auto (12.1%), comm multi (10.4%), fire (0.1%), other (28.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (97.7%), cash (2.1%), other (0.3%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
39 Public Square
Wilkes-Barre, PA 18701
Wilkes-Barre, PA 18701
Phone Number
(570) 825-9900
NAIC Number
16495
Website
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