Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.8) with operating losses during 2022. Fair overall results on stability tests (3.2) including excessive premium growth and lack of operational experience.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (45.8%), other (54.2%)
Corporate Info
Group Affiliation
Trupanion Inc
Investment Rating
Company Address
6100 Fourth Avenue, South
Seattle, WA 98108
Seattle, WA 98108
Phone Number
(888) 612-1138
NAIC Number
17285
Website
Largest Affiliates