Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years. High quality investment portfolio (7.5) despite no exposure to mortgages and substantial holdings of BBB bonds but minimal holdings in junk bonds.
Other Rating Factors:
Excellent profitability (7.8) with operating gains in each of the last five years. Excellent Liquidity (7.6).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except 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
Investments in Affiliates
Corporate Info
Group Affiliation
W R Berkley Corp
Investment Rating
Company Address
11201 DOUGLAS AVE
URBANDALE, IA 50322
URBANDALE, IA 50322
Phone Number
(609) 584-6990
NAIC Number
64890
Website
Largest Affiliates