A
NUCLEAR ELECTRIC INS LTD
Data as of
December 31, 2021
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: Strong long-term capitalization index (9.2 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 (8.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.5) despite weak results on operational trends and negative cash flow from operations for 2021. Fair profitability index (3.6) with operating losses during 2018, 2019, 2020 and 2021.
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 (52.4%), investment grade bonds (27.5%), cash (2.6%), non investment grade bonds (0.4%), preferred stock (0.1%), other (17.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1201 Market St Ste 1200
Wilmington, DE 19801
Phone Number
(302) 888-3000
NAIC Number
34215
Largest Affiliates
No affiliate information available.
Weiss Ratings