Demotech Affirms FSR of Gulfstream Property & Casualty Insurance Company
According to
"Gulfstream is an example of why a brief delay in rating affirmation should not be made into something bigger than it is. The management team at Gulfstream has met or exceeded our financial metrics for the past several years. Their enterprise risk management program, particularly the facets focused on litigation management and reinsurance purchasing, has been effective. With experienced personnel leading the key functional areas of claims, underwriting, marketing, reinsurance, loss and loss adjustment expense reserving and pricing, Gulfstream's business model keeps them at the A level, despite increases in reinsurance costs anticipated in 2020, and
Gulfstream CEO
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