EXECUTIVE RISK INDEMNITY INC
Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10) including weak results on operational trends. The largest net exposure for one risk is excessive at 8.7% of capital. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall profitability index (6.7). Good expense controls. Return on equity has been good over the last five years, averaging 11.9%. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (38.9%), product liab. (9.3%), work comp (3.6%), other (48.1%)
Licensed in:
All states except PR
Principal Investments:
Investment grade bonds (52.4%), non investment grade bonds (24.4%), cash (9.4%), common stock (8.1%), real estate (0.2%), other (5.4%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
C/o The Ct Corporation System
WILMINGTON, DE 19801
WILMINGTON, DE 19801
Phone Number
(908) 903-2525
NAIC Number
35181
Website
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