Westport Ins Corp
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10). History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Good overall results on stability tests (5.1) despite weak results on operational trends. Stability strengths include good historical capital adequacy and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022. Superior liquidity (10.0) 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:
Fire (12.3%), fin guar/surety (6.2%), other (81.5%)
Licensed in:
All states and Canada, GU, MP, PR, VI
Principal Investments:
Investment grade bonds (99.4%), non investment grade bonds (0.1%), other (0.5%)
Corporate Info
Group Affiliation
Swiss Re AG
Investment Rating
--
Company Address
1200 Main Street
Kansas City, MO 64105
Kansas City, MO 64105
Phone Number
(816) 235-3700
NAIC Number
39845
Website
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Largest Affiliates