Solvency Margin

In its annual Solvency Return filed with the Reserve Bank of New Zealand as at 31 December 2017, Virginia Surety Company Inc had a Solvency Margin of USD $301,852,778. The table below shows how the Solvency Margin is made up:

Actual Solvency Capital

$406,282,296

Minimum Solvency Capital

$104,429,518

Solvency Margin

$301,852,778

Solvency Ratio

389%

Rating
Virginia Surety Company, Inc has an A (Excellent) Claims Paying Ability Rating given by A.M. Best Company. A.M. Best Company is an approved agency under section 62 of the Insurance (Prudential Supervision) Act 2010.

The rating scale is:

A++, A+ (Superior)

B, B- (Fair)

A, A- (Excellent)

C++, C+ (Marginal)

B++, B+ (Good)

C, C- (Weak)

D (Poor)

E (Under Regulatory Supervision)

F (In Liquidation)