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 overall results on stability tests (3.4) including excessive premium growth and weak results on operational trends. Good profitability index (4.9). Excellent expense controls.
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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
DC, IA, IL, IN, KS, MD, MI, MN, MO, ND, NE, OH, PA, SD, WI
Principal Investments:
Investment grade bonds (93.2%), other (6.8%)
Corporate Info
Group Affiliation
QBE Ins Group Limited
Investment Rating
--
Company Address
10 Terrace Ct
Madison, WI 53718
Madison, WI 53718
Phone Number
(800) 362-8448
NAIC Number
18821
Website
Largest Affiliates