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 (4.9). Excellent expense controls. Good overall results on stability tests (6.2) despite excessive premium growth. 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). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Comm multi (64.4%), personal/comm auto (0.4%), other (35.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (97.7%), cash (1.2%), other (1.1%)
Corporate Info
Group Affiliation
Builders Ins Mutual Holding Co
Investment Rating
--
Company Address
2859 Paces Ferry Road, SE
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(678) 309-4000
NAIC Number
16826
Website
Largest Affiliates