Vault E&S Ins Co
Major Rating Factors:
Good overall results on stability tests (6.8 on a scale of 0 to 10) despite excessive premium growth and lack of operational experience. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.5% of capital. Strong long-term capitalization index (7.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent liquidity (7.4) with ample operational cash flow and liquid investments. Fair profitability index (4.7) with operating losses during 2020, 2021 and 2022.
Stability Factors:
E - Lack of operating experience.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (75.6%), personal/comm auto (6.8%), other (17.6%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (63.1%), cash (20.5%), non investment grade bonds (3.9%), other (12.6%)
Corporate Info
Group Affiliation
Cornell Capital GP II GP LLC
Investment Rating
--
Company Address
300 First Avenue, South
Saint Petersburg, FL 33701
Saint Petersburg, FL 33701
Phone Number
(844) 368-2858
NAIC Number
16237
Website
Largest Affiliates