C
Knight Specialty Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Premiums
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Major Rating Factors: Good long-term capitalization index (6.1 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2020. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 17.5%.
Other Rating Factors: Excellent liquidity (8.7) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. G - Fast asset or premium growth. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (38.6%), comm multi (19.2%), homeowners (7.9%), fin guar/surety (0.5%), other (33.7%)
Licensed in: DE
Principal Investments: Common stock (54.1%), investment grade bonds (35.0%), cash (1.9%), non investment grade bonds (1.0%), other (7.9%)
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2-Year Reserve Development
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Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Don R Hankey Trust
Investment Rating
--
Company Address
4751 Wilshire Boulevard
Los Angeles, CA 90010
Phone Number
(888) 333-8198
NAIC Number
15366
Largest Affiliates
C
Los Angeles, CA - P&C
C
Los Angeles, CA - P&C