Old Repub Surety Co
Major Rating Factors:
Good long-term capitalization index (6.6 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level. Good overall profitability index (5.1) despite operating losses during 2024.
Other Rating Factors:
Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.9) despite excessive premium growth. Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.2% of capital.
Stability Factors:
Principal Lines of Business:
Fin guar/surety (98.1%), other (1.9%)
Licensed in:
All states except AK, CT, DE, HI, KY, LA, MA, ME, MI, NH, NJ, NY, RI, VT
Principal Investments:
Investment grade bonds (76.3%), common stock (18.0%), non investment grade bonds (0.2%), cash (0.2%), other (5.2%)
Corporate Info
Group Affiliation
Old Republic International Corporation
Investment Rating
Company Address
18500 W Corporate Drive
Brookfield, WI 53045
Brookfield, WI 53045
Phone Number
(262) 797-2640
NAIC Number
40444
Website
Largest Affiliates