Gulfstream is highly rated.
Gulfstream has been assigned a Financial Stability Rating® (FSR) of A, Exceptional from Demotech, Inc. FSRs are a leading indicator of an insurer's financial stability.
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 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.
Policyholder surplus and assets remain strong, year after year
*Surplus and assets at December 31 each year (or at end of calendar quarter Q1, Q2, or Q3 if indicated).
Rating and Reinsurance
You are in exceptional company with Gulfstream
Insuring families throughout the Gulf Coast, we’ve seen our fair share of storms. And it’s been our ability to withstand these catastrophic events that has earned us the trust of our policyholders, our agents, and the communities we serve.
Gulfstream has also earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc. FSRs are a leading indicator of an insurer's financial stability.(1)
Reassurance in Reinsurance
We know the wind will blow again. And when it does, Gulfstream is prepared with a comprehensive reinsurance program that leaves nothing to chance, allowing us to meet our claims obligations without compromising our financial strength. Our current reinsurance program includes the following features:
- Coverage for the worst-case scenario. We purchase reinsurance protection in excess of the 170-year storm, meaning we're ready to respond to a large-scale catastrophic event.
- Coverage for multiple storms. A significant share of our reinsurance coverage includes a cascading/aggregate feature, meaning losses from multiple storms will be covered.
- Strong capital position and low retention. Our reinsurance program includes a diminishing retention. This means that, as the number of events increases, our share of the loss decreases. Because of this feature, along with our strong capital position, Gulfstream is well positioned to weather the storm.
We are backed by a diverse group of highly rated reinsurers located throughout the world.
For our reinsurance program effective June 1, 2015,(2)
the insurance companies that reinsure Gulfstream are all highly rated by A.M. Best or 100% collateralized. See chart below.
Reinsurance placed limits by A.M. Best Rating (4)
Our reinsurance program is diversified and highly rated with support provided by 30 individual reinsurers. 100% of our reinsurers(3) are highly rated by A.M. Best(4) or 100% collateralized.(5)