Ategrity Specialty Ins Co
Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -1.0%. History of adequate reserve strength (5.2) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.2) despite. Stability strengths include good operational trends, good risk adjusted capital for prior years and good risk diversification. The largest net exposure for one risk is conservative at 1.3% of capital.
Other Rating Factors:
Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022. Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Comm multi (27.5%), fire (7.4%), product liab. (0.9%), other (64.3%)
Licensed in:
DE
Principal Investments:
Investment grade bonds (22.8%), cash (7.1%), other (70.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
14000 North Pima Road
Scottsdale, AZ 85260
Scottsdale, AZ 85260
Phone Number
(480) 237-2417
NAIC Number
16427
Website
Largest Affiliates
No affiliate information available.