C
SCOTTSDALE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (3.2). Fair expense controls. Return on equity has been fair, averaging 19.2% over the past five years.
Other Rating Factors: Fair overall results on stability tests (4.5) including weak results on operational trends. Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (8.9) with ample operational cash flow and liquid investments.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Comm multi (18.2%), homeowners (5.8%), personal/comm auto (4.0%), fire (2.6%), product liab. (1.2%), farmowners (0.2%), other (68.0%)
Licensed in: All states, the District of Columbia and Puerto Rico
Principal Investments: Investment grade bonds (61.5%), common stock (22.6%), non investment grade bonds (9.1%), other (6.9%)
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
Corporate Info
Group Affiliation
Nationwide Corp
Investment Rating
--
Company Address
ONE WEST NATIONWIDE BLVD
COLUMBUS, OH 43215
Phone Number
(614) 249-1545
NAIC Number
41297
Largest Affiliates
B
COLUMBUS, OH - L&A
B
COLUMBUS, OH - P&C
C
Weiss Ratings