Angle Ins Co of Utah
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2021, 2022 and 2023. Weak liquidity (0.3) as a spike in claims may stretch capacity. Fair overall results on stability tests (4.8) in spite of healthy premium and capital growth during 2023 but fair risk diversification due to the size of the company's affiliate group and an excessive 230% enrollment growth during the period.
Other Rating Factors:
Good overall capitalization (5.4) based on good current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (9.8) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
TX, UT
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
650 South 500 West
Salt Lake City, UT 84101
Salt Lake City, UT 84101
Phone Number
(801) 252-6576
NAIC Number
16933
Website
Largest Affiliates
No affiliate information available.