B
CUMIS Specialty Ins Co
MadisonWI
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
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
42
159
201
79.10%
41.49%
2023
37
153
190
80.53%
38.64%
2022
43
103
146
70.55%
39.39%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
3
163
166
98.19%
81.20%
2023
5
54
59
91.53%
74.87%
2022
3
87
90
96.67%
72.69%
2021
1
9
10
90.00%
79.01%
2020
1
5
6
83.33%
80.13%
2019
0
10
10
100.00%
77.47%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
55
421
476
88.45%
12.77%
2023
15
115
130
88.46%
16.34%
2022
0
14
14
100.00%
11.13%
2021
0
1
1
100.00%
18.93%