RENAISSANCE L&H INS CO OF AMERICA
Major Rating Factors:
Good quality investment portfolio (5.9 on a scale of 0 to 10) despite mixed results such as: no exposure to mortgages and substantial holdings of BBB bonds but minimal holdings in junk bonds. Weak profitability (2.0) with operating losses during the first nine months of 2024. Weak Liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Weak overall results on stability tests (2.5) including negative cash flow from operations for 2023. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Renaissance Health Service Corp
Investment Rating
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Company Address
1209 Orange St
Indianapolis, IN 46202
Indianapolis, IN 46202
Phone Number
517-349-6000
NAIC Number
61700
Largest Affiliates