B
Repub Mortgage Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
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Major Rating Factors: Fair overall results on stability tests (4.2 on a scale of 0 to 10) including negative cash flow from operations for 2024. Strengths include potentially strong support from affiliation with Arch Capital Group Ltd. The largest net exposure for one risk is conservative at 1.8% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. Ample reserve history (9.7) that helps to protect the company against sharp claims increases.
Other Rating Factors: Superior liquidity (10.0) with ample operational cash flow and liquid investments. Weak profitability index (1.9) with modest operating losses during the first three months of 2025. Return on equity has been fair, averaging 23.0% over the past five years.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: All states except AK, NY, TN
Principal Investments: Investment grade bonds (87.1%), cash (12.4%), other (0.4%)
Ratios
Premium to Surplus
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1-Year Reserve Development
2-Year Reserve Development
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Arch Capital Group Ltd
Investment Rating
Company Address
230 North Elm Street
Greensboro, NC 27401
Phone Number
(800) 334-8966
NAIC Number
28452
Largest Affiliates
B
Jersey City, NJ - P&C
A
Morristown, NJ - P&C
A
Greensboro, NC - P&C
A
Greensboro, NC - P&C
B
Jersey City, NJ - P&C