Western Surety Co
Major Rating Factors:
Good overall results on stability tests (6.7 on a scale of 0 to 10) despite. The largest net exposure for one risk is acceptable at 2.5% of capital. 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. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.4). Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Fin guar/surety (94.4%), other (5.6%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (98.7%), common stock (0.6%), preferred stock (0.5%), other (0.1%)
Corporate Info
Group Affiliation
Loews Corporation
Investment Rating
Company Address
101 South Reid Street
Sioux Falls, SD 57103
Sioux Falls, SD 57103
Phone Number
(312) 822-5000
NAIC Number
13188
Website
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