Old Repub Surety Co
Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.0) based on good current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. Ample reserve history (7.4) that can protect against increases in claims costs.
Other Rating Factors:
Excellent overall results on stability tests (7.2). Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. Fair profitability index (4.8) with operating losses during 2024. Return on equity has been fair, averaging 9.2% over the past five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (98.2%), other (1.8%)
Licensed in:
All states except AK, CT, DE, HI, KY, LA, MA, ME, MI, NH, NJ, NY, RI, VT
Principal Investments:
Investment grade bonds (71.4%), common stock (20.6%), cash (3.5%), non investment grade bonds (0.5%), other (4.0%)
Corporate Info
Group Affiliation
Old Republic International Corporation
Investment Rating
Company Address
18500 W Corporate Drive
Brookfield, WI 53045
Brookfield, WI 53045
Phone Number
(262) 797-2640
NAIC Number
40444
Website
Largest Affiliates