Steadfast 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. Good profitability index (4.9). Excellent expense controls. 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.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Fire (13.1%), comm multi (3.0%), product liab. (0.7%), personal/comm auto (0.5%), other (82.8%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (54.2%), common stock (40.5%), other (5.3%)
Corporate Info
Group Affiliation
Zurich Ins Group AG
Investment Rating
--
Company Address
1299 Zurich Way
Schaumburg, IL 60196
Schaumburg, IL 60196
Phone Number
(847) 605-6000
NAIC Number
26387
Website
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