Inspirien Ins Co
Major Rating Factors:
Poor long-term capitalization index (1.2 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the fair range during the last year. Weak profitability index (1.5) with operating losses during each of the last five years. Weak overall results on stability tests (2.6) including excessive premium growth, weak results on operational trends and weak risk diversification.
Other Rating Factors:
Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (60.9%), med mal (27.2%), other (11.8%)
Licensed in:
AL, GA, IN, KY, LA, MS
Principal Investments:
Investment grade bonds (85.2%), common stock (10.7%), cash (1.2%), other (2.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
509 Oliver Road
Montgomery, AL 36117
Montgomery, AL 36117
Phone Number
(334) 323-4123
NAIC Number
11668
Website
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