Concert Ins Co
Major Rating Factors:
Fair profitability index (4.8 on a scale of 0 to 10) with small operating losses during 2021, 2023 and the first six months of 2025. Return on equity has been low, averaging 3.4% over the past five years. Fair overall results on stability tests (3.3) including weak results on operational trends and negative cash flow from operations for 2024. History of adequate reserve strength (6.4) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
F - Negative cash flow.
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:
Personal/comm auto (45.8%), comm multi (19.3%), other (34.9%)
Licensed in:
All states except ME, MN, NJ, NY, OR
Principal Investments:
Investment grade bonds (60.1%), preferred stock (12.6%), cash (10.5%), non investment grade bonds (7.6%), common stock (5.8%), other (3.5%)
Corporate Info
Group Affiliation
Concert Group Holdings Inc
Investment Rating
--
Company Address
1701 Golf Road
Rolling Meadows, IL 60008
Rolling Meadows, IL 60008
Phone Number
(847) 307-6300
NAIC Number
10891
Website
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