Hamilton Select Ins Inc
Major Rating Factors:
Good long-term capitalization index (5.9 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Fair profitability index (3.5) with operating losses during 2021, 2022, 2023 and 2024. Fair overall results on stability tests (3.6) including weak results on operational trends, lack of operational experience, excessive premium growth and fair risk adjusted capital in prior years. The largest net exposure for one risk is high at 3.3% of capital.
Other Rating Factors:
History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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 (14.8%), product liab. (1.9%), other (83.4%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (93.2%), other (6.8%)
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
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