Lexington National Ins Corp
Major Rating Factors:
Fair long-term capitalization index (4.2 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios). Fair overall results on stability tests (4.2) including fair risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 7.0% of capital. History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall profitability index (6.5) despite operating losses during 2020. Return on equity has been low, averaging 3.8% over the past five years. Superior liquidity (9.4) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (63.2%), other (36.8%)
Licensed in:
All states
Principal Investments:
Cash (44.6%), investment grade bonds (29.3%), common stock (10.7%), other (15.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Revolutionary Holding Co LLC
Investment Rating
--
Company Address
11426 York Road
Cockeysville, MD 21030
Cockeysville, MD 21030
Phone Number
(410) 625-0800
NAIC Number
37940
Website
Largest Affiliates