Nuclear Electric Ins Ltd
Major Rating Factors:
Strong long-term capitalization index (9.4 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 (8.0) that helps to protect the company against sharp claims increases. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (8.1). Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (3.7) with operating losses during 2019, 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -2.7%.
Stability Factors:
Principal Lines of Business:
Comm multi (77.2%), other (22.8%)
Licensed in:
(No states)
Principal Investments:
Common stock (56.1%), investment grade bonds (21.4%), non investment grade bonds (0.2%), cash (0.1%), preferred stock (0.1%), other (22.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1201 North Market Street
Wilmington, DE 19801
Wilmington, DE 19801
Phone Number
(302) 888-3000
NAIC Number
34215
Website
Largest Affiliates
No affiliate information available.