The balance sheet strength is underpinned by risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR), consistently favorable loss reserve development and low underwriting leverage. Although the majority of Sooner’s capital is loaned to its ultimate parent, ConocoPhillips [NYSE: COP], it is considered to have relatively low risk due to this affiliation, as well as the parent’s strong balance sheet and history of positive earnings.