Major Rating Factors:
Strong long-term capitalization index (7.6 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent profitability index (7.7) with small operating losses during 2021. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (7.4). Stability strengths include good operational trends and excellent risk diversification. History of adequate reserve strength (6.3) as reserves have been consistently at an acceptable level.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
Principal Lines of Business:
Fin guar/surety (38.3%), other (61.7%)
Licensed in:
All states
Principal Investments:
Common stock (55.5%), investment grade bonds (26.0%), cash (2.6%), non investment grade bonds (0.1%), other (15.7%)
Corporate Info
Group Affiliation
Skyward Specialty Ins Group Inc
Investment Rating
Company Address
800 Gessner
Houston, TX 77024
Houston, TX 77024
Phone Number
(713) 935-4800
NAIC Number
18694
Website
Largest Affiliates