Major Rating Factors:
Fair reserve development (4.3 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.7) with operating losses during 2021, 2024 and 2025. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.5) despite fair risk adjusted capital in prior years. The largest net exposure for one risk is acceptable at 2.7% of capital. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Stability Factors:
Principal Lines of Business:
Homeowners (17.0%), fire (10.8%), comm multi (10.5%), personal/comm auto (6.4%), fin guar/surety (1.3%), med mal (1.1%), work comp (1.1%), product liab. (0.3%), other (51.7%)
Licensed in:
All states and Canada, GU, PR
Principal Investments:
Investment grade bonds (79.4%), non investment grade bonds (2.0%), cash (0.4%), common stock (0.4%), preferred stock (0.3%), real estate (0.2%), other (17.3%)
Corporate Info
Group Affiliation
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Investment Rating
--
Company Address
555 College Road East
Princeton, NJ 08543
Princeton, NJ 08543
Phone Number
(609) 243-4200
NAIC Number
10227
Largest Affiliates