Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.9). Excellent overall results on stability tests (8.9). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (13.2%), work comp (10.1%), comm multi (8.8%), homeowners (2.7%), product liab. (2.2%), fin guar/surety (1.9%), med mal (1.8%), fire (1.8%), farmowners (0.1%), other (57.4%)
Licensed in:
All states and Canada, GU, PR, VI
Principal Investments:
Investment grade bonds (62.4%), common stock (20.0%), preferred stock (1.6%), cash (1.6%), non investment grade bonds (0.7%), real estate (0.3%), other (13.4%)
Corporate Info
Group Affiliation
W R Berkley Corporation
Investment Rating
Company Address
475 Steamboat Road
Greenwich, CT 06830
Greenwich, CT 06830
Phone Number
(203) 542-3800
NAIC Number
32603
Website
Largest Affiliates