B
Edison Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.7 on a scale of 0 to 10) with operating losses during 2020. Fair overall results on stability tests (4.1) including weak risk adjusted capital in prior years and weak results on operational trends. Good long-term capitalization index (5.8) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2020.
Other Rating Factors: Ample reserve history (7.1) that can protect against increases in claims costs. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Homeowners (99.8%), other (0.2%)
Licensed in: FL, NJ
Principal Investments: Investment grade bonds (69.5%), cash (27.9%), preferred stock (2.5%), other (0.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Florida Peninsula Holdings LLC
Investment Rating
--
Company Address
903 Northwest 65th Street
Boca Raton, FL 33487
Phone Number
(866) 568-8922
NAIC Number
12482
Largest Affiliates
B
Boca Raton, FL - P&C
C
Boca Raton, FL - P&C