Untd Grty Resdl Ins Co NC
Major Rating Factors:
Good overall profitability index (5.2 on a scale of 0 to 10) despite operating losses during 2021 and 2022. Excellent expense controls. Fair overall results on stability tests (4.7) including excessive premium growth. Strengths include potential support from affiliation with Arch Capital Group Ltd. The largest net exposure for one risk is conservative at 1.3% of capital. 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.
Other Rating Factors:
Ample reserve history (7.3) that can protect against increases in claims costs. Superior liquidity (9.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AZ, CA, NY, WY
Principal Investments:
Investment grade bonds (59.2%), cash (27.6%), other (13.1%)
Corporate Info
Group Affiliation
Arch Capital Group Ltd
Investment Rating
Company Address
230 North Elm Street
Greensboro, NC 27401
Greensboro, NC 27401
Phone Number
(800) 334-8966
NAIC Number
16667
Website
Largest Affiliates