Safety National Casualty Corp
Major Rating Factors:
Good overall profitability index (6.9 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 11.4%. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent liquidity (8.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (9.0). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Work comp (16.6%), personal/comm auto (7.2%), product liab. (0.5%), fin guar/surety (0.4%), med mal (0.4%), other (74.9%)
Licensed in:
All states and Canada, GU, PR, VI
Principal Investments:
Investment grade bonds (47.4%), non investment grade bonds (12.3%), common stock (5.0%), cash (1.3%), preferred stock (0.9%), real estate (0.4%), other (32.7%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
1832 Schuetz Road
Saint Louis, MO 63146
Saint Louis, MO 63146
Phone Number
(314) 692-1369
NAIC Number
15105
Website
Largest Affiliates