ASI Lloyds
Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2021 and 2022. Good long-term capitalization index (6.5) based on good current risk adjusted capital (severe loss scenarios). Over the last several years, capital levels have remained relatively consistent. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Homeowners (92.7%), fire (0.3%), other (7.1%)
Licensed in:
LA, TX
Principal Investments:
Investment grade bonds (99.8%), non investment grade bonds (0.2%)
Corporate Info
Group Affiliation
The Progressive Corporation
Investment Rating
Company Address
2 ASI Way, North
Saint Petersburg, FL 33702
Saint Petersburg, FL 33702
Phone Number
(727) 821-8765
NAIC Number
11059
Website
Largest Affiliates