SWBC P&C Ins Co
Major Rating Factors:
Fair reserve development (4.8 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.2) including excessive premium growth, weak results on operational trends, lack of operational experience and fair risk adjusted capital in prior years. Good overall profitability index (6.1) despite operating losses during 2022 and 2023.
Other Rating Factors:
Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2024. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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:
Other (100%)
Licensed in:
TX, UT
Principal Investments:
Cash (54.3%), investment grade bonds (31.5%), other (14.2%)
Corporate Info
Group Affiliation
Southwest Business Corporation
Investment Rating
--
Company Address
9311 San Pedro Avenue
San Antonio, TX 78216
San Antonio, TX 78216
Phone Number
(210) 321-7110
NAIC Number
17288
Website
Largest Affiliates