C
Crum & Forster Spclty Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.7) with modest operating losses during the first three months of 2025. Return on equity has been low, averaging 2.8% over the past five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Good overall results on stability tests (6.3) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
Principal Lines of Business: Personal/comm auto (18.7%), product liab. (11.0%), fire (2.2%), comm multi (1.7%), other (66.2%)
Licensed in: (No states)
Principal Investments: Investment grade bonds (97.6%), cash (1.0%), other (1.4%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
305 Madison Avenue
Morristown, NJ 07960
Phone Number
(973) 490-6600
NAIC Number
44520
Largest Affiliates
B
Stamford, CT - P&C
C
Morristown, NJ - P&C
C
New York, NY - P&C
C
B
New York, NY - P&C