Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 8.1% of capital. Strong long-term capitalization index (9.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.1) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.4) with operating gains in each of the last five years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
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 (63.2%), work comp (22.8%), personal/comm auto (6.8%), other (7.2%)
Licensed in:
AR, AZ, CO, IA, ID, IL, IN, KS, KY, MI, MN, MO, MT, ND, NE, NM, OH, OK, OR, SC, SD, TX, UT, WA, WI, WY
Principal Investments:
Common stock (58.5%), investment grade bonds (18.5%), preferred stock (2.4%), other (20.6%)
Corporate Info
Group Affiliation
NEBCO Inc
Investment Rating
--
Company Address
1010 Lincoln Mall
Lincoln, NE 68508
Lincoln, NE 68508
Phone Number
(402) 435-4302
NAIC Number
25933
Website
Largest Affiliates