B
Ironshore Specialty Ins Co
BostonMA
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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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 overall results on stability tests (6.5) despite excessive premium growth. 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.
Other Rating Factors: Excellent profitability index (8.5). Excellent expense controls. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Med mal (25.1%), comm multi (20.9%), fire (3.1%), product liab. (1.7%), other (49.1%)
Licensed in: (No states)
Principal Investments: Investment grade bonds (87.2%), cash (0.1%), other (12.6%)
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
Investments in Affiliates
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Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
--
Company Address
175 Berkeley Street
Boston, MA 02116
Phone Number
(617) 357-9500
NAIC Number
25445
Largest Affiliates
B
Boston, MA - P&C
B
Boston, MA - P&C
B
Boston, MA - P&C
B
B