Wilmington Ins Co (DE)
Major Rating Factors:
Fair long-term capitalization index (3.8 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2023. Fair profitability index (3.7) with operating losses during 2023, 2024 and 2025. Fair overall results on stability tests (3.6) including weak risk adjusted capital in prior years and negative cash flow from operations for 2025.
Other Rating Factors:
History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (45.7%), personal/comm auto (30.3%), homeowners (5.2%), fire (3.0%), other (15.7%)
Licensed in:
AL, DE, GA, ID, IL, IN, KY, MD, MI, MN, MO, MS, MT, ND, NE, OK, SD, WA, WI, WY
Principal Investments:
Common stock (54.4%), investment grade bonds (11.3%), cash (11.3%), real estate (1.1%), preferred stock (0.6%), non investment grade bonds (0.2%), other (21.2%)
Corporate Info
Group Affiliation
Wilmington Holdings GP LLC
Investment Rating
--
Company Address
Silverside Professional Park
Wilmington, DE 19810
Wilmington, DE 19810
Phone Number
(302) 665-0837
NAIC Number
30155
Website
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