C
Atain Specialty Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
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Major Rating Factors: Good overall profitability index (5.1 on a scale of 0 to 10) despite operating losses during 2022 and the first three months of 2025. Return on equity has been low, averaging 4.7% over the past five years. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors: Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Fire (20.3%), homeowners (8.7%), other (71.0%)
Licensed in: MI, NY, PA
Principal Investments: Common stock (41.6%), investment grade bonds (28.0%), cash (0.6%), non investment grade bonds (0.2%), other (29.7%)
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Investments in Affiliates
Corporate Info
Group Affiliation
Alan J Kaufman Revocable Living Trust
Investment Rating
--
Company Address
220 Kaufman Financial Center
Farmington Hills, MI 48334
Phone Number
(248) 538-4530
NAIC Number
17159
Largest Affiliates
A
Farmington Hills, MI - P&C