Major Rating Factors:
Fair reserve development (3.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.6) with operating losses during each of the last five years and the first six months of 2025. Average return on equity over the last five years has been poor at -2.8%. Good overall results on stability tests (5.0) including excessive premium growth and negative cash flow from operations for 2024.
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
All states except CA
Principal Investments:
Investment grade bonds (93.5%), other (6.5%)
Corporate Info
Group Affiliation
The Hartford Ins Group Inc
Investment Rating
Company Address
100 High Street
Boston, MA 02110
Boston, MA 02110
Phone Number
(617) 526-8500
NAIC Number
21830
Website
Largest Affiliates