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Yosemite Insurance Company
Yosemite Insurance Company is a insurance based in Evansville; the Altss profile covers its classification, headquarters, registration, AUM band, and key...
Yosemite Insurance Company
A family of insurance companies with over 75 years of experience and experienced licensed agents in more than 1,300 locations nationwide.
General information
Firm type
Insurance
Location
Region
North America
Country
United States
City
Evansville
Corporate office
Evansville, IN, United States
Sector focus
Frequently asked questions
Who owns Yosemite Insurance Company?
Yosemite Insurance Company is 85% owned by Cavello Bay Reinsurance Limited, a Bermuda-based reinsurer, with the ultimate parent being Enstar Group Limited. Enstar acquired Yosemite in 2018 from OneMain Holdings. The remaining 15% ownership is not publicly disclosed.
Does Yosemite manage capital for external investors?
No. Yosemite operates as a captive insurance entity whose admitted assets exist solely to support credit insurance liabilities tied to OneMain's consumer loans. It does not solicit, manage, or deploy external investor capital, and it functions as a closed balance sheet within the Enstar system.
How does Yosemite's investment strategy relate to Enstar Group's broader approach?
Yosemite does not maintain a standalone investment team. Its portfolio is managed as part of Enstar's consolidated investment operations, which focus on fixed-income securities, reinsurance recoverables, and runoff liability matching across the group's acquired entities. Investment decisions are made at the parent level, not by Yosemite's officers.
What is the commercial relationship between Yosemite and OneMain Holdings?
Yosemite continues to provide credit insurance products to OneMain's consumer lending customer base under a services agreement that survived the 2018 divestiture to Enstar. This arrangement generates premium income for Yosemite while allowing OneMain to transfer credit-related insurance obligations to a third-party balance sheet.
Is Yosemite Insurance Company rated by any major credit agency?
No standalone financial strength rating has been publicly assigned to Yosemite Insurance Company by AM Best, S&P, Moody's, or Fitch. The entity's credit profile is assessed as part of Enstar Group's consolidated ratings (BBB+ per S&P, as of Enstar's most recent public disclosures).
Where does Yosemite maintain its regulatory capital?
Yosemite is domiciled in Oklahoma, where it files statutory financial statements and holds its total admitted assets and capital and surplus. Despite its headquarters in Evansville, Indiana, Oklahoma serves as the state of domicile for regulatory solvency purposes.
What was the 2025 restructuring involving Yosemite Insurance Company?
In 2025, Yosemite was restructured alongside Elk Insurance Holdings, LLC as part of a shared control reorganization of Enstar's US insurance assets. This transaction consolidated oversight and capital management for multiple Enstar subsidiaries within a unified holding structure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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