B
SureTec Ins Co
HoustonTX
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: Good long-term capitalization index (5.1 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2023. History of adequate reserve strength (5.1) as reserves have been consistently at an acceptable level. Good overall profitability index (5.6) despite operating losses during 2023.
Other Rating Factors: Good overall results on stability tests (6.6) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and excellent risk diversification. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Fin guar/surety (40.3%), work comp (5.9%), comm multi (4.4%), homeowners (3.3%), personal/comm auto (2.6%), med mal (1.2%), product liab. (0.9%), fire (0.7%), farmowners (0.2%), other (40.6%)
Licensed in: All states
Principal Investments: Investment grade bonds (71.7%), common stock (19.8%), other (8.5%)
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
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Corporate Info
Group Affiliation
Markel Group Inc
Investment Rating
MKL
Company Address
2103 CityWest Boulevard
Houston, TX 77042
Phone Number
(713) 812-0800
NAIC Number
10916
Largest Affiliates
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