Alinsco Ins Co
Major Rating Factors:
Fair long-term capitalization index (4.9 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2022. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. In 2023 the two year reserve development was 28.1% deficient. Fair profitability index (2.9) with operating losses during 2021 and 2022.
Other Rating Factors:
Vulnerable liquidity (1.8) as a spike in claims may stretch capacity. Good overall results on stability tests (5.4) despite weak risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (89.7%), common stock (2.9%), cash (1.3%), other (6.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6032 Lake Worth Boulevard
Fort Worth, TX 76135
Fort Worth, TX 76135
Phone Number
(817) 601-4189
NAIC Number
15449
Website
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