UNIVERSAL SURETY OF AMERICA
Major Rating Factors:
Fair profitability index (3.3 on a scale of 0 to 10). Weak expense controls. Return on equity has been low, averaging 1.7% over the past five years. Fair overall results on stability tests (3.0) including weak results on operational trends.
Other Rating Factors:
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (75.7%), other (24.3%)
Licensed in:
All states except AZ, CT, HI, IL, ME, MA, NH, PR
Principal Investments:
Investment grade bonds (86.1%), cash (13.6%), other (0.3%)
Corporate Info
Group Affiliation
CNA Financial Corp
Investment Rating
Company Address
101 S REID STREET
SIOUX FALLS, SD 57103
SIOUX FALLS, SD 57103
Phone Number
(414) 369-5033
NAIC Number
13200
Website
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