Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2023 and 2024. Weak overall results on stability tests (2.6) including weak risk diversification. 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.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Fire (101.2%)
Licensed in:
GA, MS
Principal Investments:
Investment grade bonds (67.7%), common stock (16.4%), cash (4.3%), other (11.6%)
Corporate Info
Group Affiliation
Atlantic American / Delta Group
Investment Rating
--
Company Address
4370 Peachtree Road, NE
Atlanta, GA 30319
Atlanta, GA 30319
Phone Number
(404) 231-2111
NAIC Number
10898
Website
Largest Affiliates