Aspire General Ins Co
Major Rating Factors:
Fair long-term capitalization index (3.7 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios) reflecting improvement over results in 2020. Fair reserve development (4.2) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 26.4% deficient. Fair overall results on stability tests (4.0) including excessive premium growth, weak results on operational trends and weak risk adjusted capital in prior years.
Other Rating Factors:
Good overall profitability index (6.2) despite operating losses during 2022. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AZ, CA, TX
Principal Investments:
Cash (44.6%), investment grade bonds (17.9%), other (37.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
8885 Haven Avenue
Rancho Cucamonga, CA 91730
Rancho Cucamonga, CA 91730
Phone Number
(916) 440-6567
NAIC Number
15290
Website
Largest Affiliates
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