NUCLEAR ELECTRIC INS LTD
Major Rating Factors:
Strong long-term capitalization index (9.5 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. Ample reserve history (7.4) that can protect against increases in claims costs.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (5.5) despite weak results on operational trends and negative cash flow from operations for 2022. Fair profitability index (3.5) with operating losses during each of the last five years.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (100.0%)
Licensed in:
DE
Principal Investments:
Common stock (54.3%), investment grade bonds (22.1%), cash (1.6%), non investment grade bonds (0.2%), preferred stock (0.1%), other (21.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1201 Market St Ste 1200
Wilmington, DE 19801
Wilmington, DE 19801
Phone Number
(302) 573-2237
NAIC Number
34215
Website
Largest Affiliates
No affiliate information available.
