C
COPPERPOINT GENERAL INS CO
PhoenixAZ
Data as of
June 30, 2021
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 (4.8 on a scale of 0 to 10) with operating losses during 2016, 2017, 2018, 2019 and the first six months of 2021. Average return on equity over the last five years has been poor at -1.6%. Fair overall results on stability tests (3.1).
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. G - Fast asset or premium growth. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Work comp (97.5%), personal/comm auto (1.3%), comm multi (1.1%)
Licensed in: AZ, CO, NV, NM, UT
Principal Investments: Investment grade bonds (96.3%), cash (1.3%), other (2.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
Corporate Info
Group Affiliation
CopperPoint Group
Investment Rating
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Company Address
3030 N 3rd Street
Phoenix, AZ 85012
Phone Number
(602) 631-2240
NAIC Number
13043
Website
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Largest Affiliates
A
Phoenix, AZ - P&C
B
Anchorage, AK - P&C
B
Thousand Oaks, CA - P&C
U
C
Weiss Ratings