Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 171.7% of capital. Good overall profitability index (5.1) with small operating losses during 2025. Strong long-term capitalization index (7.5) 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 (8.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fin guar/surety (99.1%), other (0.9%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (47.2%), common stock (31.1%), cash (4.3%), other (17.3%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
303 Congress Street
Boston, MA 02210
Boston, MA 02210
Phone Number
(617) 471-1112
NAIC Number
36226
Website
Largest Affiliates
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