Blue Ridge Indemnity Co
Major Rating Factors:
Strong long-term capitalization index (7.1 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent profitability index (8.0). History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (6.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.3) despite.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (6.8%), fire (4.6%), comm multi (3.8%), homeowners (2.2%), fin guar/surety (0.9%), other (81.6%)
Licensed in:
CT, DE, MD, NY, PA, VA, WI
Principal Investments:
Investment grade bonds (75.3%), common stock (10.0%), non investment grade bonds (5.1%), cash (2.4%), preferred stock (0.2%), other (7.1%)
Corporate Info
Group Affiliation
Tiptree Inc
Investment Rating
Company Address
10751 Deerwood Park Boulevard
Jacksonville, FL 32256
Jacksonville, FL 32256
Phone Number
(904) 350-9660
NAIC Number
40754
Website
Largest Affiliates