Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. A history of deficient reserves (2.4). Underreserving can have an adverse impact on capital and profits. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2021.
Other Rating Factors:
Excellent profitability index (8.0) despite modest operating losses during the first six months of 2025. Excellent expense controls. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (9.0%), med mal (3.3%), comm multi (0.5%), other (87.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (77.2%), cash (22.8%)
Corporate Info
Group Affiliation
Sompo Holdings Inc
Investment Rating
--
Company Address
Four Manhattanville Road
Purchase, NY 10577
Purchase, NY 10577
Phone Number
(914) 468-8000
NAIC Number
41718
Website
Largest Affiliates