Major Rating Factors:
History of adequate reserve strength (5.2 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (6.7) despite operating losses during 2023. Fair overall results on stability tests (4.8) including excessive premium growth. The largest net exposure for one risk is acceptable at 2.6% of capital.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (99.3%), other (0.7%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (82.2%), cash (11.1%), other (6.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
10 Burton Hills Blvd.
Nashville, TN 37215
Nashville, TN 37215
Phone Number
(615) 639-8949
NAIC Number
39640
Website
Largest Affiliates
There are no affiliate to display.