Lyndon Southern Ins Co
Major Rating Factors:
Good long-term capitalization index (5.9 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range over the last two years. Fair reserve development (4.4) as the level of reserves has at times been insufficient to cover claims. In 2020 and 2021 the two year reserve development was 17.1% and 21.2% deficient respectively. Fair liquidity (4.3) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.0) despite fair risk adjusted capital in prior years. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.7%.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (11.9%), fire (11.6%), comm multi (10.4%), homeowners (6.4%), fin guar/surety (2.4%), other (57.2%)
Licensed in:
All states except CA, NY, WI
Principal Investments:
Investment grade bonds (71.5%), common stock (4.8%), non investment grade bonds (1.9%), other (21.8%)
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
10051
Largest Affiliates