Seven Seas Ins Co
Major Rating Factors:
Good overall results on stability tests (5.4 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (9.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (9.7). Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
AK, FL, HI
Principal Investments:
Investment grade bonds (76.6%), cash (5.9%), other (17.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
501 Avenue P
Riviera Beach, FL 33404
Riviera Beach, FL 33404
Phone Number
(561) 840-2955
NAIC Number
37672
Website
Largest Affiliates
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