D
ROOT INS CO
Data as of
June 30, 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: Poor long-term capitalization index (1.5 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). Weak profitability index (0.6) with operating losses during each of the last five years and the first six months of 2022. Average return on equity over the last five years has been poor at -113.3%.
Other Rating Factors: Weak overall results on stability tests (1.8) including weak risk adjusted capital in prior years and negative cash flow from operations for 2021. Fair reserve development (3.9) as reserves have generally been sufficient to cover claims. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (99.8%), homeowners (0.2%)
Licensed in: All states except ID, KS, ME, MA, MI, MN, NJ, NY, RI, SD, VT, WI, WY, PR
Principal Investments: Cash (61.7%), investment grade bonds (26.7%), other (11.7%)
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
IBOD Company Inc
Investment Rating
Company Address
80 E Rich St Suite 500
COLUMBUS, OH 43215
Phone Number
(866) 980-9431
NAIC Number
10974
Largest Affiliates
D
WILMINGTON, DE - P&C
Weiss Ratings