Mobilitas General Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9) with small operating losses during 2023. Excellent expense controls. Return on equity has been low, averaging 0.9% over the past five years. Good overall results on stability tests (5.4) despite excessive premium growth. Strengths include potential support from affiliation with CSAA Ins Exchange.
Other Rating Factors:
Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.9%)
Licensed in:
All states except CA
Principal Investments:
Investment grade bonds (93.7%), cash (0.4%), other (5.9%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
CSAA Ins Exchange
Investment Rating
--
Company Address
3055 Oak Road
Walnut Creek, CA 94597
Walnut Creek, CA 94597
Phone Number
(800) 207-3618
NAIC Number
10675
Website
Largest Affiliates