Natl Transportation Ins Co RR
Major Rating Factors:
Poor long-term capitalization index (0.2 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (0.5). Underreserving can have an adverse impact on capital and profits. In the last five years, reserves (two year development) fluctuated between 24.4% and 137.0% deficient. Fair profitability index (3.9) with operating losses during 2020, 2021 and 2022.
Other Rating Factors:
Fair overall results on stability tests (4.2) including weak risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 5.8% of capital. Good liquidity (6.0) 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.
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (99.3%), other (0.7%)
Licensed in:
MT
Principal Investments:
Investment grade bonds (43.2%), common stock (37.2%), cash (5.6%), non investment grade bonds (1.3%), other (12.7%)
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
--
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.