Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 7.1% of capital. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.6) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 21.2%. Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (4.5%), comm multi (2.5%), personal/comm auto (0.6%), product liab. (0.2%), other (92.2%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (95.1%), cash (4.9%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
8490 Progress Drive
Frederick, MD 21701
Frederick, MD 21701
Phone Number
(301) 694-5700
NAIC Number
10367
Website
Largest Affiliates