Hamilton Select Ins Inc
Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.1) including weak results on operational trends, lack of operational experience and fair risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 5.3% of capital. Weak profitability index (2.7) with operating losses during 2021, 2022, 2023, 2024 and the first three months of 2025.
Other Rating Factors:
Fair long-term capitalization index (4.2) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range during the last year. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
E - Lack of operating experience.
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:
Med mal (18.5%), product liab. (1.3%), other (80.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (89.3%), other (10.7%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
5101 Cox Road
Glen Allen, VA 23060
Glen Allen, VA 23060
Phone Number
(804) 905-9977
NAIC Number
17178
Largest Affiliates
No affiliate information available.