Major Rating Factors:
Fair reserve development (4.8 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9) with modest operating losses during the first six months of 2025. Return on equity has been low, averaging 3.7% over the past five years. Fair overall results on stability tests (3.6) including excessive premium growth.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
AL, FL, GA
Principal Investments:
Investment grade bonds (81.3%), cash (5.7%), other (13.1%)
Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
Company Address
100 Brookwood Place
Homewood, AL 35209
Homewood, AL 35209
Phone Number
(844) 466-7225
NAIC Number
12441
Website
Largest Affiliates