Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (5.0). Excellent expense controls. Good overall results on stability tests (6.9) despite excessive premium growth and negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
Principal Lines of Business:
Other (100%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (47.2%), preferred stock (13.2%), other (39.6%)
Corporate Info
Group Affiliation
Gray & Co Inc
Investment Rating
--
Company Address
3601 North I-10 Service Road, West
Metairie, LA 70002
Metairie, LA 70002
Phone Number
(504) 888-7790
NAIC Number
15889
Website
Largest Affiliates