Admiral 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 2.1% over the past five years. Strong long-term capitalization index (8.3) 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 (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Med mal (14.2%), product liab. (10.7%), other (75.1%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (51.3%), common stock (46.9%), non investment grade bonds (0.2%), other (1.6%)
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
Net Premium Growth
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Investments in Affiliates
Corporate Info
Group Affiliation
W R Berkley Corporation
Investment Rating
Company Address
7233 East Butherus Drive
Scottsdale, AZ 85260
Scottsdale, AZ 85260
Phone Number
(480) 509-6627
NAIC Number
24856
Website
Largest Affiliates