Beazley America Ins Co Inc
Major Rating Factors:
History of adequate reserve strength (5.7 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Fair profitability index (3.6) with operating losses during 2022 and 2023. Fair overall results on stability tests (4.4) including weak results on operational trends and fair risk adjusted capital in prior years. The largest net exposure for one risk is conservative at 1.1% of capital.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2023. Excellent liquidity (8.2) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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 except ID, NY
Principal Investments:
Investment grade bonds (82.9%), non investment grade bonds (7.0%), common stock (5.4%), cash (0.5%), other (4.3%)
Corporate Info
Group Affiliation
Beazley plc
Investment Rating
--
Company Address
The Rutherford Building
West Hartford, CT 06107
West Hartford, CT 06107
Phone Number
(860) 677-3700
NAIC Number
16510
Website
Largest Affiliates