B
ACCREDITED SPECIALTY INS CO
OrlandoFL
Data as of
March 31, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.9) including weak results on operational trends and lack of operational experience.
Other Rating Factors: Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Weak profitability index (2.1) with operating losses during 2020 and 2021.
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: Personal/comm auto (37.2%), homeowners (4.6%), fire (1.4%), other (56.8%)
Licensed in: All states except PR
Principal Investments: Common stock (61.7%), investment grade bonds (21.5%), cash (14.3%), other (2.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
Corporate Info
Group Affiliation
Randall & Quilter Investment Holding
Investment Rating
--
Company Address
C/o Cogency Global Inc 300 W C
PHOENIX, AZ 85013
Phone Number
(407) 629-2131
NAIC Number
16835
Largest Affiliates
U
NEW YORK, NY - P&C
U
PHILADELPHIA, PA - P&C
U
HILLARD, OH - P&C
U
Weiss Ratings