Western Surety Co
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%)
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
Largest Affiliates