- Financial Stability Rating® Notifications
- Demotech Affirms Financial Stability Rating® Assigned to Old Republic National Title Insurance Company
Demotech Affirms Financial Stability Rating® Assigned to Old Republic National Title Insurance Company
Columbus, Ohio, May 2, 2019: The Financial Stability Rating® (FSR) of A” (A Double-Prime), Unsurpassed, assigned to Old Republic National 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 Old Republic National Title Insurance Company
Old Republic National Title Insurance Company is part of Old Republic Title Insurance Group (ORTIG). ORTIG operates through a national network of Company-owned offices, affiliates, authorized agents and approved attorneys, which allows the Company to service customers in both large and small markets across the country.
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.
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