Point Specialty Ins Co
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 profitability index (4.9) with operating gains in each of the last five years. Return on equity has been fair, averaging 5.2% over the past five years. Fair overall results on stability tests (3.7) including excessive premium growth. Strengths include potentially strong support from affiliation with Sentry Mutual Holding Co.
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. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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:
Work comp (2.1%), other (97.9%)
Licensed in:
All states except MN
Principal Investments:
Investment grade bonds (98.5%), other (1.5%)
Corporate Info
Group Affiliation
Sentry Mutual Holding Co
Investment Rating
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Company Address
1800 North Point Drive
Stevens Point, WI 54481
Stevens Point, WI 54481
Phone Number
(715) 346-6000
NAIC Number
25747
Website
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