C
Hadron Specialty Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.4) with operating losses during 2023 and 2024. Fair overall results on stability tests (3.8) including excessive premium growth, weak results on operational trends, negative cash flow from operations for 2024 and lack of operational experience.
Other Rating Factors: 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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: E - Lack of operating experience. F - Negative cash flow. G - Fast asset or premium growth. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Fire (33.2%), comm multi (12.2%), personal/comm auto (0.8%), other (53.8%)
Licensed in: AR
Principal Investments: Cash (41.5%), investment grade bonds (31.3%), other (27.2%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
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Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Hadron Specialty Ins Co
Investment Rating
--
Company Address
12600 Deerfield Pkwy
Alpharetta, GA 30004
Phone Number
(888) 831-4742
NAIC Number
17534
Largest Affiliates
C
Sandy Springs, GA - P&C
B
Sandy Springs, GA - P&C