B
West River Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
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Capital
Net
Premiums
Net
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Major Rating Factors: Good overall results on stability tests (5.8 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (8.6). Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business: Work comp (100.0%)
Licensed in: AR, IA, KS, SD, TN
Principal Investments: Investment grade bonds (78.5%), common stock (10.8%), preferred stock (6.2%), cash (3.6%), non investment grade bonds (0.3%), other (0.6%)
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Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Midwest Financial Holdings LLC
Investment Rating
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Company Address
5032 South Bur Oak Place
Sioux Falls, SD 57108
Phone Number
(605) 201-1856
NAIC Number
12535
Largest Affiliates
A
Springfield, IL - P&C
C
Fort Wayne, IN - P&C