Samsung Fire & Marine Ins Co

Ridgefield Park, NJ

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

4.92

Risk Adjusted
Capital Ratio #2

3.01

Loss
Ratio

84.42%

Total
Assets

215.50M

Capital

96.98M

Net
Premiums

28.33M

Net
Income

8.50M

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Weiss Ratings	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	9.50
Investment Safety Index	--
Liquidity Index	8.80
Profitability Index	8.70
Reserve Adequacy Index	7.00
Stability Index	6.90

Company Info	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	38300
Phone Number	(201) 807-6720
Website	us.samsungfire.com
Address	105 Challenger Road Ridgefield Park, NJ 07660

Balance Sheet	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Total Assets	215.50M

Capital and Reserves	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	4.92
Risk-Adjusted Capital Ratio #2	3.01
1-Year Reserve Development	0.44%
2-Year Reserve Development	0.07%
Capital	96.98M
Premium to Surplus	29.21%
Reserves to Surplus	47.58%

Investments	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	--
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	285.32%
Combined Ratio	87.32%
Expense Ratio	2.90%
Loss Ratio	84.42%
Net Premium Growth	10.66%

Other Medical	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	Samsung Fire & Marine Ins Co Ridgefield Park, NJ	Click to Compare	Click to Compare	Click to Compare
Net Income	8.50M
Net Premium	28.33M
Health Premium	--