Versant Casualty Ins Co
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (8.8) with operating gains in each of the last five years.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.0) despite. Stability strengths include excellent operational trends and good risk diversification.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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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