Canal Ins Co
Major Rating Factors:
Fair profitability index (4.8 on a scale of 0 to 10). History of adequate reserve strength (5.2) as reserves have been consistently at an acceptable level. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.9) despite. Stability strengths include good operational trends and excellent risk diversification. 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.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (93.4%), other (6.6%)
Licensed in:
All states except AK, HI
Principal Investments:
Investment grade bonds (43.9%), common stock (37.1%), non investment grade bonds (1.7%), preferred stock (0.5%), other (16.7%)
Corporate Info
Group Affiliation
Canal Financial Group Inc
Investment Rating
--
Company Address
101 N. Main Street
Greenville, SC 29601
Greenville, SC 29601
Phone Number
(864) 242-5365
NAIC Number
10464
Website
Largest Affiliates