Swiss Re Corpte Solutions
Major Rating Factors:
Good overall profitability index (5.9 on a scale of 0 to 10) despite operating losses during 2021, 2022 and 2023. Excellent expense controls. Good overall results on stability tests (6.0) despite negative cash flow from operations for 2024. Fair reserve development (4.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. 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:
Fire (29.2%), comm multi (2.5%), personal/comm auto (0.7%), other (67.6%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (99.8%), cash (0.2%)
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
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Corporate Info
Group Affiliation
Swiss Re AG
Investment Rating
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Company Address
1200 Main Street
Kansas City, MO 64105
Kansas City, MO 64105
Phone Number
(816) 235-3700
NAIC Number
29700
Website
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Largest Affiliates