Natl Transportation Ins Co RR
Major Rating Factors:
Poor long-term capitalization index (0.3 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (1.3) that places pressure on both capital and profits. In four of the last five years reserves (two year development) were between 24.4% and 137.0% deficient. Fair profitability index (2.9) with operating losses during 2021 and 2022.
Other Rating Factors:
Fair liquidity (3.1) as cash resources may not be adequate to cover a spike in claims. Fair overall results on stability tests (3.1) including weak risk adjusted capital in prior years, excessive premium growth, weak results on operational trends and negative cash flow from operations for 2025.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
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:
MT
Principal Investments:
Common stock (50.9%), investment grade bonds (39.7%), cash (5.5%), non investment grade bonds (0.9%), other (3.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3700 Santa Fe Ave
Long Beach, CA 90810
Long Beach, CA 90810
Phone Number
(424) 205-6700
NAIC Number
16011
Website
Largest Affiliates
No affiliate information available.