Blue Ridge Indemnity Co
Major Rating Factors:
Strong long-term capitalization index (7.2 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.4) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (9.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (5.5) despite.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (20.4%), fire (7.4%), comm multi (4.7%), homeowners (3.5%), fin guar/surety (0.6%), other (63.5%)
Licensed in:
CT, DE, MD, NY, PA, VA, WI
Principal Investments:
Investment grade bonds (69.7%), common stock (5.0%), cash (2.2%), non investment grade bonds (0.4%), other (22.7%)
Corporate Info
Group Affiliation
Tiptree Inc
Investment Rating
Company Address
10751 Deerwood Park Boulevard
Jacksonville, FL 32256
Jacksonville, FL 32256
Phone Number
(904) 350-9660
NAIC Number
40754
Website
Largest Affiliates