B
Bridge City Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
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Major Rating Factors: Fair overall results on stability tests (3.6 on a scale of 0 to 10) including weak results on operational trends and negative cash flow from operations for 2024. The largest net exposure for one risk is acceptable at 2.1% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.5) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (7.5) with operating gains in each of the last five years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: All states except CA, HI, MN, NY, OK, SD
Principal Investments: Investment grade bonds (75.7%), common stock (10.9%), non investment grade bonds (9.0%), other (4.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Highmark Health
Investment Rating
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Company Address
120 Fifth Avenue
Pittsburgh, PA 15222
Phone Number
(800) 328-5433
NAIC Number
35599
Largest Affiliates
B
Pittsburgh, PA - L&A
E
Burlington, VT - P&C
A
New York, NY - L&A