Sutton Specialty Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. Good overall profitability index (6.2) despite operating losses during 2021. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (39.5%), fire (18.6%), comm multi (6.2%), personal/comm auto (4.9%), product liab. (0.6%), other (30.3%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (46.7%), common stock (26.6%), cash (16.5%), non investment grade bonds (0.6%), other (9.6%)
Corporate Info
Group Affiliation
Sutton National Ins Holdings LLC
Investment Rating
--
Company Address
110 East Atlantic Ave
Delray Beach, FL 33444
Delray Beach, FL 33444
Phone Number
(888) 846-4238
NAIC Number
16848
Website
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