New York Marine & Genl Ins Co

Morristown, NJ

Rating Date

June 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.40

Risk Adjusted
Capital Ratio #2

1.00

Loss
Ratio

63.01%

Total
Assets

2.77B

Capital

695.75M

Net
Premiums

860.27M

Net
Income

22.16M

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Weiss Ratings	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	7.00
Investment Safety Index	--
Liquidity Index	8.40
Profitability Index	4.20
Reserve Adequacy Index	3.40
Stability Index	7.40

Company Info	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	16608
Phone Number	(800) 774-2755
Website	www.coactionspecialty.com
Address	412 Mount Kemble Avenue Morristown, NJ 07960

Balance Sheet	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Total Assets	2.77B

Capital and Reserves	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.40
Risk-Adjusted Capital Ratio #2	1.00
1-Year Reserve Development	-110.00%
2-Year Reserve Development	980.00%
Capital	695.75M
Premium to Surplus	130.00%
Reserves to Surplus	150.00%

Investments	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	7.88%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	140.00%
Combined Ratio	100.00%
Expense Ratio	30.00%
Loss Ratio	63.01%
Net Premium Growth	30.00%

Other Medical	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	New York Marine & Genl Ins Co Morristown, NJ	Click to Compare	Click to Compare	Click to Compare
Net Income	22.16M
Net Premium	860.27M
Health Premium	--