Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (9.1) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 44.6%.
Other Rating Factors:
Superior liquidity (9.7) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.2). Stability strengths include excellent operational trends and excellent risk diversification.
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:
Other (100%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (89.8%), cash (2.7%), non investment grade bonds (0.4%), other (7.0%)
Corporate Info
Group Affiliation
Essent Group Ltd
Investment Rating
Company Address
Two Radnor Corporate Center
Radnor, PA 19087
Radnor, PA 19087
Phone Number
(877) 673-8190
NAIC Number
13634
Website
Largest Affiliates