Accelerant Specialty Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including weak risk adjusted capital in prior years and weak results on operational trends. Good long-term capitalization index (6.2) based on good current risk adjusted capital (severe loss scenarios). History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall profitability index (5.1) despite operating losses during 2021. Excellent expense controls. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (11.6%), fire (10.3%), homeowners (2.8%), farmowners (1.1%), personal/comm auto (0.5%), fin guar/surety (0.4%), other (73.3%)
Licensed in:
AR
Principal Investments:
Investment grade bonds (29.8%), common stock (18.2%), cash (5.4%), other (46.6%)
Corporate Info
Group Affiliation
ACP Ins Management LLC
Investment Rating
--
Company Address
400 Northridge Road
Sandy Springs, GA 30350
Sandy Springs, GA 30350
Phone Number
(833) 284-9200
NAIC Number
16890
Website
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