B
Granwest Ins Co
Seattle,  WA
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.72
Risk Adjusted
Capital Ratio #2
2.02
Loss
Ratio
68.37%
Total
Assets
378.63M
Capital
163.89M
Net
Premiums
204.40M
Net
Income
15.82M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
6,399
1,517
7,916
19.16%
23.88%
2024
6,946
1,730
8,676
19.94%
23.31%
2023
6,617
1,537
8,154
18.85%
22.83%
2022
7,298
1,557
8,855
17.58%
23.10%
2021
7,852
1,670
9,522
17.54%
22.81%
2020
7,614
1,714
9,328
18.37%
21.51%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
182
165
347
47.55%
49.08%
2024
157
161
318
50.63%
47.46%
2023
149
152
301
50.50%
47.29%
2022
137
88
225
39.11%
45.44%
2021
158
97
255
38.04%
44.40%
2020
134
89
223
39.91%
42.45%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
1,354
825
2,179
37.86%
38.98%
2024
1,785
1,071
2,856
37.50%
39.58%
2023
2,114
1,298
3,412
38.04%
36.96%
2022
1,940
1,228
3,168
38.76%
37.07%
2021
2,605
1,605
4,210
38.12%
39.17%
2020
2,231
1,366
3,597
37.98%
35.42%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
0
1
1
100.00%
13.25%
2024
0
1
1
100.00%
12.32%
2023
0
1
1
100.00%
16.34%
2022
1
1
2
50.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
3
3
100.00%
20.93%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
1,618
1,954
3,572
54.70%
45.21%
2024
1,811
2,269
4,080
55.61%
45.23%
2023
1,465
1,819
3,284
55.39%
44.64%
2022
1,910
1,248
3,158
39.52%
46.15%
2021
2,160
1,419
3,579
39.65%
46.87%
2020
2,366
1,632
3,998
40.82%
43.90%