Major Rating Factors:
Strong long-term capitalization index (7.4 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (8.1) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 12.1%. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (8.0). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.0% of capital. Fair reserve development (5.0) as reserves have generally been sufficient to cover claims.
Stability Factors:
Principal Lines of Business:
Fire (7.0%), comm multi (6.7%), fin guar/surety (4.1%), product liab. (1.8%), personal/comm auto (0.6%), other (79.8%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (55.0%), common stock (31.2%), non investment grade bonds (3.2%), cash (0.6%), real estate (0.2%), other (9.8%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
13403 Northwest Freeway
Houston, TX 77040
Houston, TX 77040
Phone Number
(713) 342-1000
NAIC Number
42374
Website
Largest Affiliates