B
Red Shield Ins Co
Seattle,  WA
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Capital
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Premiums
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Major Rating Factors: Good overall results on stability tests (6.0 on a scale of 0 to 10) despite. The largest net exposure for one risk is conservative at 2.0% of capital. Fair profitability index (4.9) with operating losses during 2022 and 2024. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business: Comm multi (41.2%), work comp (13.6%), fire (1.3%), other (43.9%)
Licensed in: AZ, CA, CO, ID, MT, OR, UT, WA
Principal Investments: Investment grade bonds (34.5%), common stock (16.5%), cash (4.8%), preferred stock (1.7%), non investment grade bonds (1.1%), other (41.5%)
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Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Rothschild International Corporation
Investment Rating
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Company Address
7245 W Marginal Way SW
Seattle, WA 98106
Phone Number
(206) 763-8620
NAIC Number
41580
Largest Affiliates
B
Phoenix, AZ - P&C