B
Western Surety Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Good overall results on stability tests (6.3 on a scale of 0 to 10) despite. The largest net exposure for one risk is high at 3.1% 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 (8.1) with operating gains in each of the last five years. Excellent liquidity (8.1) with ample operational cash flow and liquid investments.
Stability Factors: R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Fin guar/surety (94.3%), other (5.7%)
Licensed in: All states and PR
Principal Investments: Investment grade bonds (98.9%), common stock (0.7%), non investment grade bonds (0.3%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Loews Corporation
Investment Rating
L
Company Address
101 South Reid Street
Sioux Falls, SD 57103
Phone Number
(312) 822-5000
NAIC Number
13188
Largest Affiliates
B
Chicago, IL - P&C
B
Chicago, IL - P&C
B
Chicago, IL - P&C
B
B