- Financial Stability Rating® Notifications
- Demotech Affirms Financial Stability Rating® Assigned to North American Title Insurance Company
Demotech Affirms Financial Stability Rating® Assigned to North American Title Insurance Company
Columbus, Ohio, May 5, 2020: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to North American Title Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed 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 (NAIC).
About North American Title Insurance Company
North American Title Insurance Company (NATIC) was formed in California and has been helping Americans secure their dream of home ownership for over 50 years. NATIC offers products and services for all real estate transactions and has a team of associates that offers unsurpassed customer service and underwriting assistance. NATIC maintains one of the highest policyholder surplus level among regional underwriters through conservative investment strategies and careful underwriting. For more information, visit www.natic.com.
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 www.demotech.com for more information.