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 (4.8) with operating losses during 2021 and 2022. Return on equity has been low, averaging 1.0% over the past five years. 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 (94.9%), cash (5.1%)
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