Demotech Affirms the Financial Stability Rating® Assigned to Global Liberty Insurance Company of New York

Columbus, Ohio, May 8, 2014: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to Global Liberty Insurance Company of New York has been affirmed by Demotech, Inc.  This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Global Liberty Insurance Company of New York

Global Liberty Insurance Company of New York (Global Liberty) was licensed on June 5, 1999, as a New York domestic stock property and casualty insurer.  Global Liberty has subsequently expanded its New York license in 2005 and 2006 to various other lines of business, including auto physical damage, commercial property and liability, workers compensation, inland marine, fire and other homeowner coverages.  In December 2009, Global Liberty became licensed in New Jersey to write automobile liability, property and physical damage insurance.  Global Liberty was issued a license to write vehicle insurance in Arizona in May 2010 and was licensed to write liability, common carrier liability and automobile insurance in California in March 2011.  In May 2011, Global Liberty became admitted in Florida.

About Demotech, Inc.

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 Financial Stability Ratings® (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.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Visit for more information.

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