American Traditions Ins Co
Major Rating Factors:
History of adequate reserve strength (6.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (6.8) despite operating losses during 2022. Good overall results on stability tests (5.8) despite excessive premium growth. Stability strengths include excellent operational trends, good risk adjusted capital for prior years and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Homeowners (86.6%), fire (3.1%), other (10.2%)
Licensed in:
FL
Principal Investments:
Investment grade bonds (61.5%), cash (29.3%), preferred stock (2.8%), common stock (0.8%), other (5.6%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
7785 66th Street, North
Pinellas Park, FL 33781
Pinellas Park, FL 33781
Phone Number
(727) 561-0013
NAIC Number
12359
Website
Largest Affiliates
There are no affiliate to display.