Catastrophe ReIns Co
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.8). Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (4.7) with operating gains in each of the last five years. Return on equity has been fair, averaging 9.9% over the past five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (95.7%), other (4.3%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (98.5%), non investment grade bonds (1.0%), other (0.5%)
Corporate Info
Group Affiliation
United Services Automobile Association
Investment Rating
--
Company Address
9800 Fredericksburg Road
San Antonio, TX 78288
San Antonio, TX 78288
Phone Number
(210) 414-8982
NAIC Number
12578
Website
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