Major Rating Factors:
Good liquidity (5.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent overall profitability index (7.0). Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Homeowners (31.5%), personal/comm auto (0.5%), fin guar/surety (0.5%), fire (0.1%), other (67.3%)
Licensed in:
All states and Canada, PR, VI
Principal Investments:
Investment grade bonds (67.5%), non investment grade bonds (2.6%), cash (1.8%), preferred stock (1.7%), common stock (1.1%), other (25.4%)
Corporate Info
Group Affiliation
Assurant Inc
Investment Rating
Company Address
701 Waterford Way
Miami, FL 33126
Miami, FL 33126
Phone Number
(305) 253-2244
NAIC Number
10111
Website
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