Coalition Ins Co
Major Rating Factors:
Fair reserve development (3.2 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2022 the two year reserve development was 42.9% deficient. Fair overall results on stability tests (3.5) including weak results on operational trends and excessive premium growth. The largest net exposure for one risk is acceptable at 2.6% of capital. Good overall profitability index (6.1) with small operating losses during 2022.
Other Rating Factors:
Strong long-term capitalization index (9.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (76.6%), cash (15.0%), other (8.4%)
Corporate Info
Group Affiliation
Coalition Inc
Investment Rating
--
Company Address
100 Bank St.
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 862-4400
NAIC Number
29530
Website
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