B
Hartford Steam Boiler Inspctn
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (9.1). Excellent overall results on stability tests (7.3). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.8% of capital.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. L - Past results on our liquidity tests.
Principal Lines of Business: Comm multi (1.6%), other (98.4%)
Licensed in: All states and PR, VI
Principal Investments: Investment grade bonds (74.4%), common stock (7.1%), non investment grade bonds (3.3%), cash (0.9%), other (14.3%)
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Investment Rating
--
Company Address
One State Street
Hartford, CT 06103
Phone Number
(860) 722-1866
NAIC Number
11452
Largest Affiliates
B
Princeton, NJ - P&C
B
B
Princeton, NJ - P&C