A
Euler Hermes North Am Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Strong long-term capitalization index (8.1 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. Ample reserve history (7.9) that can protect against increases in claims costs. Excellent profitability index (8.5).
Other Rating Factors: Excellent liquidity (7.6) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. L - Past results on our liquidity tests.
Principal Lines of Business: Fin guar/surety (29.0%), other (71.0%)
Licensed in: All states and Canada, GU
Principal Investments: Investment grade bonds (93.5%), cash (2.7%), common stock (0.8%), other (3.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Allianz SE
Investment Rating
ALV
Company Address
800 Red Brook Boulevard
Owings Mills, MD 21117
Phone Number
(877) 883-3224
NAIC Number
20516
Largest Affiliates
C
New York, NY - L&A
B
Petaluma, CA - P&C
B
Chicago, IL - P&C