Alabama Municipal Ins Corp
Major Rating Factors:
Fair reserve development (4.3 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.5) with operating losses during 2021, 2022, 2023 and 2025. Good overall results on stability tests (5.9) despite. Stability strengths include good operational trends and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Comm multi (100.0%)
Licensed in:
AL
Principal Investments:
Investment grade bonds (56.6%), cash (27.5%), common stock (14.8%), real estate (0.5%), other (0.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
110 North Ripley Street
Montgomery, AL 36104
Montgomery, AL 36104
Phone Number
(334) 386-3863
NAIC Number
17710
Website
Largest Affiliates
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