Versant Casualty Ins Co
Major Rating Factors:
Good overall results on stability tests (5.4 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent profitability index (8.8) with operating gains in each of the last five years. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL, AR, FL, GA, LA, MO, MS, NC, OK, SC, TN, TX
Principal Investments:
Investment grade bonds (93.9%), common stock (3.4%), cash (0.4%), other (2.3%)
Corporate Info
Group Affiliation
Louisiana Dealer Services Ins Inc
Investment Rating
--
Company Address
10543 S. Glenstone Pl.
Baton Rouge, LA 70810
Baton Rouge, LA 70810
Phone Number
(257) 699-9231 25
NAIC Number
11124
Website
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