American Contractors Indem Co
Major Rating Factors:
Strong long-term capitalization index (7.2 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Superior liquidity (9.7) with ample operational cash flow and liquid investments.
Other Rating Factors:
Good overall results on stability tests (5.9) despite. The largest net exposure for one risk is conservative at 1.3% of capital. Fair profitability index (4.8) with operating losses during 2024.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (65.7%), comm multi (3.8%), personal/comm auto (0.9%), product liab. (0.3%), other (29.2%)
Licensed in:
All states except MA, NC, NH, VT, also licensed in GU, MP
Principal Investments:
Investment grade bonds (57.2%), cash (0.3%), other (42.5%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
801 South Figueroa Street
Los Angeles, CA 90017
Los Angeles, CA 90017
Phone Number
(310) 649-0990
NAIC Number
10216
Largest Affiliates