Major Rating Factors:
Weak overall results on stability tests (2.5 on a scale of 0 to 10) including weak results on operational trends. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. Ample reserve history (9.6) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.9). Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (9.1%), comm multi (6.6%), personal/comm auto (6.4%), other (77.9%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (64.5%), cash (33.9%), non investment grade bonds (0.1%), other (1.4%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
201 Pryor Street, SW
Atlanta, GA 30303
Atlanta, GA 30303
Phone Number
(404) 688-0472
NAIC Number
13672
Website
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Largest Affiliates
There are no affiliate to display.