B
Repub Mortgage Assurance Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.6 on a scale of 0 to 10) with operating losses during 2024 and the first three months of 2025. Return on equity has been fair, averaging 5.1% over the past five years. Fair overall results on stability tests (4.1) including negative cash flow from operations for 2024. Strengths include potentially strong support from affiliation with Arch Capital Group Ltd. 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.
Other Rating Factors: Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
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 MN, NY, WY
Principal Investments: Investment grade bonds (78.1%), cash (19.7%), other (2.1%)
Ratios
Premium to Surplus
Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
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
32174
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