Clermont Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9) with small operating losses during 2022. Excellent expense controls. Return on equity has been low, averaging 0.5% over the past five years. Good overall results on stability tests (6.1) despite excessive premium growth and negative cash flow from operations for 2024. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (10.0) 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.
Principal Lines of Business:
Comm multi (56.0%), work comp (35.7%), fire (0.6%), personal/comm auto (0.3%), other (7.4%)
Licensed in:
All states except CA, FL
Principal Investments:
Investment grade bonds (95.2%), other (4.8%)
Corporate Info
Group Affiliation
W R Berkley Corporation
Investment Rating
Company Address
301 Route 17 North
Rutherford, NJ 07070
Rutherford, NJ 07070
Phone Number
(201) 518-2500
NAIC Number
33480
Largest Affiliates