Yosemite Ins Co
Rating Date
June 2025
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
A history of deficient reserves (1.2 on a scale of 0 to 10) that places pressure on both capital and profits. In 2023 and 2022 the two year reserve development was 632.7% and 635.9% deficient respectively. Fair profitability index (3.8) with operating losses during 2021, 2022 and 2024. Return on equity has been low, averaging 1.2% over the past five years. Fair overall results on stability tests (4.1) including weak results on operational trends, negative cash flow from operations for 2024 and fair risk adjusted capital in prior years.
Other Rating Factors:
Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2022. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
--
Licensed in:
All states except NY
Principal Investments:
Investment grade bonds (89.0%), common stock (7.6%), non investment grade bonds (1.1%), cash (0.2%), other (2.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Enstar Group Limited
Investment Rating
--
Company Address
150 2nd Avenue, North
Saint Petersburg, FL 33701
Saint Petersburg, FL 33701
Phone Number
(727) 217-2900
NAIC Number
26220
Website
Largest Affiliates