Major Rating Factors:
Fair reserve development (4.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.8) with small operating losses during 2021 and 2024. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.8) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (11.7%), product liab. (7.8%), med mal (1.3%), fire (0.8%), comm multi (0.8%), other (77.6%)
Licensed in:
All states except CA
Principal Investments:
Common stock (69.0%), investment grade bonds (21.7%), cash (8.0%), other (1.3%)
Corporate Info
Group Affiliation
James River Group Holdings Inc
Investment Rating
Company Address
6131 Falls of Neuse Road
Raleigh, NC 27609
Raleigh, NC 27609
Phone Number
(441) 278-4580
NAIC Number
31925
Largest Affiliates