Global ReIns Corp of Am
Major Rating Factors:
A history of deficient reserves (2.7 on a scale of 0 to 10). Underreserving can have an adverse impact on capital and profits. In 2025 and 2024 the two year reserve development was 38.1% and 42.6% deficient respectively. Weak profitability index (1.6) with operating losses during 2021, 2022, 2023 and 2024. Fair overall results on stability tests (3.3) including excessive premium growth, weak results on operational trends and negative cash flow from operations for 2025.
Other Rating Factors:
Fair long-term capitalization index (4.5) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
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:
Other (100%)
Licensed in:
All states except AK, AR, FL, HI, MA, MD, ME, MT, ND, NH, NV, OH, TN, VA, VT, WV, WY
Principal Investments:
Investment grade bonds (91.1%), cash (2.4%), non investment grade bonds (1.4%), common stock (0.5%), other (4.6%)
Corporate Info
Group Affiliation
R&Q Ins Holdings Ltd
Investment Rating
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Company Address
One Logan Square
Philadelphia, PA 19103
Philadelphia, PA 19103
Phone Number
(445) 201-0514
NAIC Number
21032
Website
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Largest Affiliates