Major Rating Factors:
Strong long-term capitalization index (7.3 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Good overall results on stability tests (6.0) despite weak results on operational trends. The largest net exposure for one risk is conservative at 1.0% of capital. Fair profitability index (3.9) with modest operating losses during 2022. Average return on equity over the last five years has been poor at -0.1%.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
All states except CA, IL, NY, PR
Principal Investments:
Common stock (94.0%), investment grade bonds (1.7%), cash (1.3%), other (2.9%)
Corporate Info
Group Affiliation
CB Holdings Group Inc
Investment Rating
--
Company Address
10233 South Parker Road Suite
PARKER, CO 80134
PARKER, CO 80134
Phone Number
(973) 377-7000
NAIC Number
30279
Website
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