Transamerica Casualty Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10) including negative cash flow from operations for 2023. Weak profitability index (2.8) with operating losses during 2021 and 2023. Return on equity has been low, averaging 4.7% over the past five years. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (78.7%), cash (11.0%), other (10.3%)
Corporate Info
Group Affiliation
Aegon Ltd
Investment Rating
Company Address
6400 C Street, SW
Cedar Rapids, IA 52499
Cedar Rapids, IA 52499
Phone Number
(319) 355-8511
NAIC Number
10952
Website
Largest Affiliates