Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good long-term capitalization index (5.9) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good overall results on stability tests (4.9) including excessive premium growth.
Other Rating Factors:
Weak profitability index (2.2). Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, DC
Principal Investments:
Investment grade bonds (53.1%), cash (40.0%), other (7.0%)
Corporate Info
Group Affiliation
Sompo Holdings Inc
Investment Rating
--
Company Address
7101 82nd Street
Lubbock, TX 79424
Lubbock, TX 79424
Phone Number
(806) 473-0333
NAIC Number
12548
Website
Largest Affiliates