B
Dorchester Ins Co Ltd
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (4.4 on a scale of 0 to 10) including negative cash flow from operations for 2024. The largest net exposure for one risk is high at 3.7% of capital. Strong long-term capitalization index (9.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (7.6) despite modest operating losses during the first three months of 2025. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: --
Licensed in: HI and VI
Principal Investments: Investment grade bonds (72.0%), cash (17.7%), other (10.3%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
--
Corporate Info
Group Affiliation
Topa Equities Ltd
Investment Rating
--
Company Address
5180 Dronningens Gade
Saint Thomas, VI 00804
Phone Number
(340) 776-9063
NAIC Number
31461
Largest Affiliates
D
Calabasas, CA - P&C