Coalition Ins Co
Major Rating Factors:
A history of deficient reserves (0.9 on a scale of 0 to 10). Underreserving can have an adverse impact on capital and profits. In 2022 the one year reserve development was 43.3% deficient. Fair profitability index (4.7) with operating losses during 2020 and 2022. Return on equity has been low, averaging 0.2% over the past five years. Fair overall results on stability tests (3.5) including weak results on operational trends. The largest net exposure for one risk is acceptable at 2.8% of capital.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) 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 (71.1%), cash (24.7%), other (4.1%)
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
Largest Affiliates
No affiliate information available.