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 and 2022. Fair overall results on stability tests (4.1) in spite of healthy premium and capital growth during 2022 but poor risk diversification due to the size of the company's affiliate group and a decline in the number of member physicians during 2022. Excellent capitalization (7.2) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.6) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
UT
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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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.