Major Rating Factors:
Good liquidity (5.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.2). Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Fire (20.8%), homeowners (1.6%), other (77.6%)
Licensed in:
All states except NH, also licensed in GU, PR, VI
Principal Investments:
Investment grade bonds (62.2%), common stock (11.5%), real estate (4.2%), non investment grade bonds (3.6%), preferred stock (2.1%), cash (0.4%), other (15.8%)
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
Assurant Inc
Investment Rating
Company Address
260 Interstate North Circle, SE
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(770) 763-1000
NAIC Number
42978
Website
Largest Affiliates