Berkley Luxury Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9). Excellent expense controls. Good overall results on stability tests (6.4) despite excessive premium growth and lack of operational experience. Stability strengths include good operational trends and excellent risk diversification.
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 (7.0) 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.
Principal Lines of Business:
Fire (51.8%), comm multi (21.7%), other (26.5%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (95.3%), cash (4.7%)
Corporate Info
Group Affiliation
W R Berkley Corporation
Investment Rating
Company Address
7233 E Butherus Drive
Scottsdale, AZ 85260
Scottsdale, AZ 85260
Phone Number
(480) 509-6627
NAIC Number
17673
Largest Affiliates