Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including weak results on operational trends. Good long-term capitalization index (6.8) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Ample reserve history (9.6) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.9) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.9%. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
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.
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 (9.8%), personal/comm auto (5.9%), comm multi (5.8%), other (78.6%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (84.7%), cash (13.8%), non investment grade bonds (0.2%), other (1.3%)
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
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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
No affiliate information available.