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. Good overall results on stability tests (5.2) despite negative cash flow from operations for 2024. Stability strengths include excellent operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.7% of capital. Fair profitability index (4.5) with operating losses during 2022 and 2024.
Other Rating Factors:
Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (38.6%), work comp (15.8%), fire (1.2%), other (44.3%)
Licensed in:
AZ, CA, CO, ID, MT, OR, UT, WA
Principal Investments:
Investment grade bonds (41.4%), common stock (15.4%), cash (2.8%), preferred stock (1.8%), non investment grade bonds (1.1%), other (37.5%)
Corporate Info
Group Affiliation
Rothschild International Corporation
Investment Rating
--
Company Address
7245 W Marginal Way SW
Seattle, WA 98106
Seattle, WA 98106
Phone Number
(206) 763-8620
NAIC Number
41580
Website
Largest Affiliates