Major Rating Factors:
Strong long-term capitalization index (7.9 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. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.0).
Other Rating Factors:
Superior liquidity (9.1) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
Personal/comm auto (9.9%), fin guar/surety (3.1%), comm multi (0.4%), med mal (0.2%), other (86.4%)
Licensed in:
All states and Canada, PR, VI
Principal Investments:
Investment grade bonds (37.8%), common stock (34.1%), preferred stock (4.6%), cash (1.4%), non investment grade bonds (0.9%), other (21.3%)
Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
100 William Street
New York, NY 10038
New York, NY 10038
Phone Number
(212) 978-2800
NAIC Number
25054
Website
Largest Affiliates