Old Repub Surety Co
Major Rating Factors:
Good long-term capitalization index (6.9 on a scale of 0 to 10) based on good current risk adjusted capital (severe 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. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.3). Stability strengths include excellent 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:
C - Past results on our Risk-Adjusted Capital tests.
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
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