Demotech Assigns Financial Stability Rating® to Century Surety Corporation

Columbus, Ohio, February 3, 2017: Century Surety Corporation has earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc.  This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners.

Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.  Acceptances and accreditations have expanded well beyond the initial Fannie Mae and Freddie Mac Single Family acceptances and now include Fannie Mae Multifamily acceptance of FSRs of A or better as regards captive insurers and risk retention groups and acceptances from the United States Department of Housing and Urban Development.  In the private sector, FSRs have gained widespread acceptance from numerous premium finance companies, informed insurance agent’s errors and omissions insurers, umbrella insurance markets, reinsurers, and other third parties.

About Century Surety Corporation

Century Surety Company was originally founded in 1978 to issue coal mine reclamation bonds. Century Surety Company entered the excess and surplus lines (E&S) insurance business in 1984, an area the company still specializes in today. E&S remains Century’s largest business focus. Century underwrites general liability, commercial property for small and mid-sized businesses, which it markets through a select network of general agents and brokers.  Additionally, Century underwrites certain specialty lines including garage, environmental, construction and marine.  Century has been a Meadowbrook subsidiary since 2008.

Century Surety operates in all states on a surplus lines or non-admitted basis, except Arizona, Indiana, Ohio, West Virginia, and Wisconsin, where it is licensed and admitted.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Visit for more information.

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