Major Rating Factors:
Good overall profitability index (6.3 on a scale of 0 to 10) with small operating losses during 2025. Fair overall results on stability tests (4.0) including. The largest net exposure for one risk is excessive at 7.5% of capital. Strengths include potentially strong support from affiliation with COFACE SA. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (10.0) that helps to protect the company against sharp claims increases. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
Principal Lines of Business:
Other (100%)
Licensed in:
All states except HI
Principal Investments:
Investment grade bonds (87.4%), cash (9.1%), other (3.5%)
Corporate Info
Group Affiliation
COFACE SA
Investment Rating
--
Company Address
600 College Road, East
Princeton, NJ 08540
Princeton, NJ 08540
Phone Number
(609) 469-0400
NAIC Number
31887
Website
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