D
AMERICAN ACCESS CASUALTY CO
Data as of
March 31, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: A history of deficient reserves (2.4 on a scale of 0 to 10). Underreserving can have an adverse impact on capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 22% and 66%. Vulnerable liquidity (0.9) as a spike in claims may stretch capacity.
Other Rating Factors: Weak overall results on stability tests (2.2) including weak results on operational trends. The largest net exposure for one risk is high at 4.9% of capital. Fair long-term capitalization index (4.2) based on fair current risk adjusted capital (moderate loss scenario). Fair profitability index (4.1). Good expense controls. Return on equity has been fair, averaging 12.8% over the past five years.
Stability Factors: L - Past results on our liquidity tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (100.0%)
Licensed in: AZ, AR, GA, IL, IN, IA, KY, MS, NV, OH, OK, OR, RI, SC, TX, UT
Principal Investments: Investment grade bonds (85.7%), common stock (4.7%), preferred stock (2.5%), real estate (2.3%), other (4.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
American Access Group LLC
Investment Rating
Company Address
2211 Butterfield Road Suite 20
DOWNERS GROVE, IL 60515
Phone Number
(630) 645-7750
NAIC Number
10730
Largest Affiliates
B
CHICAGO, IL - L&A
B
C
INDIANAPOLIS, IN - P&C
C
CHATSWORTH, CA - P&C
B
CHICAGO, IL - P&C
Weiss Ratings