Production (Stage)
Nuclear Electric Ins Ltd
Major Rating Factors:
Strong long-term capitalization index (9.4 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (8.0) that helps to protect the company against sharp claims increases. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (8.1). Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (3.8) with operating losses during 2020, 2021, 2022, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -2.5%.
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
Principal Lines of Business:
Comm multi (78.8%), other (21.2%)
Licensed in:
(No states)
Principal Investments:
Common stock (50.6%), investment grade bonds (20.1%), cash (0.5%), non investment grade bonds (0.3%), other (28.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1 Righter Parkway
Wilmington, DE 19803
Wilmington, DE 19803
Phone Number
(302) 888-3000
NAIC Number
34215
Website
Largest Affiliates
No affiliate information available.