Because our financial strength provides you peace of mind.
Throughout the 116-year history of our company, our conservatism has enabled us to survive the ups and downs of the market and continuously provide the security and peace of mind people need and deserve from their title company. Having grown statutory policyholders' surplus for an unprecedented 33 consecutive years through 2007, Stewart has undergone a major reorganization during the market downturn of 2008 that has allowed us to emerge stronger and focused on a renewed goal of continued and sustained surplus growth.
Additionally, Stewart has the lowest debt to equity ratio of the top three title insurance companies. Our lower debt means we have more flexibility with cash flow. So we spend less time concentrating on debt and more on running a successful business. So your customers can rest assured that Stewart is well prepared to cover claims that may arise. Their policy is secure with us.
We’re not the only ones with confidence in our financial strength. Our financial performance has been affirmed by some of the country’s most respected financial analysis firms.
In the most recent financial stability rating from Demotech, Inc.*, Stewart was given an A'' (A "double prime") rating which, according to Demotech means, "Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, underwriters earning a Financial Stability Rating of A'' possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders." Additionally, Fitch Ratings Ltd**, has given Stewart Title Guaranty Company (STGC) and Stewart Title Insurance Company (STIC) an Insurer Financial Strength (IFS) rating of 'BBB+' which they define as "Good" and "investment grade."
Taken all together, this information simply serves to reinforce the simple truth that working with Stewart provides you and your customers peace of mind unique to our company.
*Source: Demotech Ratings, September 9, 2009
**Source: Fitch Ratings, September 14, 2009
Legal Notice: Unless otherwise noted, the amounts used in this flyer were taken from the unconsolidated, statutory annual statements of the seven largest title insurers in the United States (based on premiums written). It is important that you, as a prospective policyholder, know the financial strength of the insurer issuing your policy. Consolidated, or “family”, financials have not been used, as only your individual insurer has legal liability under your policy. The other members of the consolidated group do not.