B
Blackboard Specialty Ins Co
Rating Date
June 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 (6.1 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (4.2) as reserves have generally been sufficient to cover claims. Fair profitability index (4.7) with operating losses during 2020 and 2021. Average return on equity over the last five years has been poor at -1.6%.
Other Rating Factors: Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Reinsurance (100.0%)
Licensed in: (No states)
Principal Investments: Common stock (58.0%), cash (35.6%), other (6.4%)
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
American International Group Inc
Investment Rating
AIG
Company Address
1271 Avenue of the Americas
New York, NY 10020
Phone Number
(212) 770-7000
NAIC Number
13551
Largest Affiliates