Bricktown Specialty Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including excessive premium growth and lack of operational experience. The largest net exposure for one risk is excessive at 7.7% of capital. History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Good overall profitability index (6.6) despite operating losses during 2023.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors:
E - Lack of operating experience.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (44.4%), comm multi (30.4%), other (25.2%)
Licensed in:
OK
Principal Investments:
Investment grade bonds (65.7%), common stock (8.2%), cash (6.9%), non investment grade bonds (4.8%), preferred stock (4.6%), other (9.8%)
Corporate Info
Group Affiliation
Trisura Group Ltd
Investment Rating
--
Company Address
210 Park Avenue
Oklahoma City, OK 73102
Oklahoma City, OK 73102
Phone Number
(405) 583-6100
NAIC Number
17166
Website
Largest Affiliates