Noblr Reciprocal Exchange
Major Rating Factors:
Weak profitability index (2.2 on a scale of 0 to 10) with operating losses during 2021, 2022, 2023 and 2024. Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims. History of adequate reserve strength (6.4) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall results on stability tests (6.8) despite negative cash flow from operations for 2025 and fair risk adjusted capital in prior years. Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AR, AZ, CO, FL, GA, HI, IA, IL, IN, KY, LA, MD, MO, MS, NM, NV, OH, OK, PA, TN, TX, UT, VA, WI
Principal Investments:
Investment grade bonds (9.9%), cash (1.9%), other (88.2%)
Corporate Info
Group Affiliation
United Services Automobile Association
Investment Rating
--
Company Address
9800 Fredericksburg Road
San Antonio, TX 78288
San Antonio, TX 78288
Phone Number
(210) 414-8982
NAIC Number
16461
Website
Largest Affiliates