Response Indemnity Co of CA
Major Rating Factors:
Poor long-term capitalization index (2.6 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios). Vulnerable liquidity (1.4) as a spike in claims may stretch capacity. History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall results on stability tests (6.5) despite weak risk adjusted capital in prior years. Stability strengths include good operational trends and excellent risk diversification. Excellent profitability index (8.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (23.5%), homeowners (18.6%), fire (6.6%), fin guar/surety (1.3%), other (50.0%)
Licensed in:
CA
Principal Investments:
Investment grade bonds (72.4%), common stock (16.9%), non investment grade bonds (4.8%), preferred stock (0.2%), other (5.7%)
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