Bankers Standard Ins Co
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) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.2% over the past five years. 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.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Homeowners (50.8%), personal/comm auto (17.3%), work comp (11.7%), other (20.1%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (61.8%), cash (29.4%), other (8.8%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
436 Walnut Street
Philadelphia, PA 19106
Philadelphia, PA 19106
Phone Number
(215) 640-1000
NAIC Number
18279
Website
Largest Affiliates
