CSD Pool Achieves Highest Financial Rating Four Years In A Row
January 13, 2021 | Csd Team
For the fourth consecutive year, the CSD Pool has earned a Financial Stability Rating of AAA, Unsurpassed. This is the highest rating that can be assigned to public entity insurance pools.
The considerations behind this designation include liquidity of invested assets, amount of financial leverage, realistic pricing, reasonable loss and loss adjustment expense reserves, high quality reinsurance, a meaningful level of surplus, and an effective strategy to control costs.
Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has been issuing ratings which provide a leading indicator of financial stability and an objective baseline of the future solvency of a public entity pool. To learn more about Demotech, you can visit their website, demotech.com.