Zenith Ins Co
Major Rating Factors:
Strong long-term capitalization index (7.2 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2021. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Other Rating Factors:
Good overall profitability index (5.7) despite operating losses during 2020. Return on equity has been fair, averaging 8.9% over the past five years. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (75.3%), personal/comm auto (6.8%), comm multi (5.9%), fire (2.4%), other (9.7%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (51.2%), common stock (25.8%), preferred stock (1.5%), real estate (1.2%), non investment grade bonds (1.0%), other (19.2%)
Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
21255 Califa Street
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(818) 713-1000
NAIC Number
13269
Website
Largest Affiliates