ACSTAR Ins Co
Major Rating Factors:
Fair overall results on stability tests (2.9 on a scale of 0 to 10) including weak results on operational trends. The largest net exposure for one risk is excessive at 7.1% of capital. Strong long-term capitalization index (9.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.7). Superior liquidity (9.7) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
All states and AS
Principal Investments:
Investment grade bonds (79.4%), preferred stock (9.6%), common stock (3.5%), non investment grade bonds (3.4%), cash (2.5%), other (1.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
30 South Road
Farmington, CT 06032
Farmington, CT 06032
Phone Number
(860) 415-8400
NAIC Number
22950
Website
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