Crum & Forster Spclty Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.7) with operating gains in each of the last five years. Return on equity has been low, averaging 2.8% over the past five years. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.3) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (18.7%), product liab. (11.0%), fire (2.2%), comm multi (1.7%), other (66.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (97.6%), cash (1.0%), other (1.4%)
Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
305 Madison Avenue
Morristown, NJ 07960
Morristown, NJ 07960
Phone Number
(973) 490-6600
NAIC Number
44520
Website
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