Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. 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. Excellent profitability index (9.2). Excellent expense controls.
Other Rating Factors:
Excellent liquidity (7.8) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0) despite excessive premium growth and negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Comm multi (43.6%), fin guar/surety (12.3%), personal/comm auto (6.1%), fire (0.5%), other (37.5%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (63.8%), non investment grade bonds (0.8%), other (35.4%)
Corporate Info
Group Affiliation
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Investment Rating
--
Company Address
555 College Road, East
Princeton, NJ 08540
Princeton, NJ 08540
Phone Number
(609) 243-4200
NAIC Number
19720
Largest Affiliates