MTAW Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.6) with operating losses during 2021 and 2022. Fair overall results on stability tests (4.3) including excessive premium growth and weak risk adjusted capital in prior years.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
All states except CA, DC, FL, HI, ID, MD, MI, NY, UT, VT, WI
Principal Investments:
Investment grade bonds (98.7%), cash (1.3%)
Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
305 Madison Avenue
Morristown, NJ 07960
Morristown, NJ 07960
Phone Number
(973) 490-6600
NAIC Number
16498
Website
Largest Affiliates