Response Indemnity Co of CA
Major Rating Factors:
Poor long-term capitalization index (2.5 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. Vulnerable liquidity (2.9) as a spike in claims may stretch capacity. History of adequate reserve strength (5.2) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall results on stability tests (5.5) despite weak risk adjusted capital in prior years. Excellent profitability index (8.2) with operating gains in each of the last five years.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (25.9%), personal/comm auto (18.2%), homeowners (15.4%), fire (4.7%), fin guar/surety (0.4%), other (35.5%)
Licensed in:
CA
Principal Investments:
Investment grade bonds (64.7%), common stock (13.7%), non investment grade bonds (0.3%), other (21.4%)
Corporate Info
Group Affiliation
Tiptree Inc
Investment Rating
Company Address
10751 Deerwood Park Boulevard
Jacksonville, FL 32256
Jacksonville, FL 32256
Phone Number
(904) 407-1097
NAIC Number
10970
Website
Largest Affiliates