Centurion Casualty Co
Major Rating Factors:
Fair reserve development (4.1 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.6) with operating losses during 2020, 2021, 2022, 2023 and the first six months of 2024. Average return on equity over the last five years has been poor at -2.2%. Weak overall results on stability tests (2.8) including weak results on operational trends.
Other Rating Factors:
Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, also licensed in GU, MP
Principal Investments:
Cash (45.5%), investment grade bonds (36.0%), other (18.5%)
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(651) 237-0831
NAIC Number
42765
Website
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