Bankers Ins Co
Major Rating Factors:
Fair reserve development (4.5 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall profitability index (5.5) with operating gains in each of the last five years. Return on equity has been fair, averaging 9.5% over the past five years. Good overall results on stability tests (5.9) despite. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital.
Other Rating Factors:
Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.5) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (51.4%), fin guar/surety (19.9%), other (28.7%)
Licensed in:
All states except RI
Principal Investments:
Investment grade bonds (42.5%), cash (29.9%), common stock (24.8%), non investment grade bonds (0.7%), other (2.1%)
Corporate Info
Group Affiliation
Bankers Financial Corporation
Investment Rating
--
Company Address
11101 Roosevelt Boulevard, North
Saint Petersburg, FL 33716
Saint Petersburg, FL 33716
Phone Number
(727) 344-9797
NAIC Number
33162
Website
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