B
Securian Casualty Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: History of adequate reserve strength (6.1 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Excellent profitability index (7.2). Excellent overall results on stability tests (7.0) despite negative cash flow from operations for 2024. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors: F - Negative cash flow. L - Past results on our liquidity tests.
Principal Lines of Business: Other (100%)
Licensed in: All states
Principal Investments: Investment grade bonds (88.8%), common stock (5.7%), cash (4.1%), non investment grade bonds (0.2%), other (1.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Minnesota Mutual Companies Inc
Investment Rating
--
Company Address
400 Robert Street, North
Saint Paul, MN 55101
Phone Number
(651) 665-3500
NAIC Number
10054
Largest Affiliates
C
ST. PAUL, MN - L&A
B
ST. PAUL, MN - L&A