Alabama Municipal Ins Corp

Montgomery, AL

Rating Date

October 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.88

Risk Adjusted
Capital Ratio #2

1.49

Loss
Ratio

83.93%

Total
Assets

167.80M

Capital

58.71M

Net
Premiums

20.50M

Net
Income

-4.82M

My Lists My Alerts

Commercial Multiple Peril

Year

Claims Received and Closed

Claims Closed without Payment

Total Claims Received and Closed

Percentage of Claims Closed without Payment

Percentage of Claims Closed without Payment
National Average

2024

583

391

974

40.14%

41.74%

2023

672

1,885

2,557

73.72%

38.64%

2022

1,722

100.00%

39.39%

2021

668

406

1,074

37.80%

40.41%

2020

675

360

1,035

34.78%

48.09%

2019

657

533

1,190

44.79%

43.30%