STEWART RATINGS and FINANCIAL STRENGTH
Stewart (NYSE: STC) is a leading provider of title insurance and related services to the real estate and mortgage industries. A financially sound company at a time when financial stability is of paramount importance in the title insurance industry, Stewart’s financial ratings affirm the security our customers’ feel when doing business with Stewart.
Stewart Title Guaranty Company is the primary underwriter for Stewart Information Services Corporation. Its financial performance has been recognized by the industry's foremost rating companies with the following impressive marks:
Demotech Inc.* A" (A double prime)
Stewart Title Guaranty Company and Stewart Title Insurance Company both have Financial Stability Ratings (FSRs) of A" from Demotech Inc. Demotech Ratings are a leading indicator of the financial stability of a title insurer.
- Defined as Unsurpassed Financial Stability
- Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, underwriters earning a Financial Stability Rating of A" (A double prime) possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders.
Fitch Ratings Ltd** 'BBB+'
Stewart has an insurer Financial Strength (IFS) rating of 'BBB+' from Fitch Ratings, one of the largest Nationally Recognized Statistical Rating Organizations.
- An "investment grade" rating
- Indicates relatively low to moderate credit risk
Our Statutory Policyholders’ Surplus
Stewart boasts one of the largest statutory policyholders’ surpluses in the title industry. Having grown statutory policyholders' surplus for an unprecedented 33 consecutive years through 2007, Stewart has undergone a major reorganization during the market downturn that is enabling us to grow stronger and focus on continued and sustained surplus growth.
*Source: Demotech Ratings, September 9, 2009
** Source: Fitch Ratings, September 14, 2009