Swiss Re (not RE) Ppty & Cas A
Rating Date
November 2024
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Superior liquidity (9.5 on a scale of 0 to 10) with ample operational cash flow and liquid investments. Good long-term capitalization index (6.3) based on good current risk adjusted capital (severe loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Good overall results on stability tests (5.0) including weak results on operational trends.
Other Rating Factors:
Fair reserve development (3.6) as the level of reserves has at times been insufficient to cover claims. In 2020 and 2019 the two year reserve development was 41.9% and 51.4% deficient respectively. Fair profitability index (4.2) with operating losses during 2019. Return on equity has been fair, averaging 5.3% over the past five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
MO
Principal Investments:
Investment grade bonds (96.7%), cash (0.3%), other (3.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Swiss Re AG
Investment Rating
--
Company Address
1200 Main Street
Kansas City, MO 64105
Kansas City, MO 64105
Phone Number
(816) 235-3703
NAIC Number
16658
Website
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Largest Affiliates
