Monarch National Ins Co
Major Rating Factors:
Poor long-term capitalization index (2.2 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios) reflecting improvement over results in 2023. Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims. Fair overall results on stability tests (4.8) including weak risk adjusted capital in prior years. The largest net exposure for one risk is acceptable at 2.5% of capital.
Other Rating Factors:
History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Excellent profitability index (9.1).
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:
Homeowners (79.6%), fire (17.0%), other (3.4%)
Licensed in:
FL
Principal Investments:
Cash (36.9%), common stock (5.0%), investment grade bonds (4.1%), preferred stock (0.1%), other (53.9%)
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
Hale Partnership Capital Management LLC
Investment Rating
--
Company Address
3490 Martin Hurst Road
Tallahassee, FL 32312
Tallahassee, FL 32312
Phone Number
(800) 293-2532
NAIC Number
15715
Website
Largest Affiliates