National Unity Ins Co
Major Rating Factors:
Fair reserve development (3.3 on a scale of 0 to 10) as the level of reserves has at times been insufficient to cover claims. In four of the last five years reserves (two year development) were between 17.2% and 57.5% deficient. Good long-term capitalization index (6.8) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2020. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.2) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification. Excellent profitability index (8.8).
Stability Factors:
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AZ, CA, CO, GA, NM, NV, TX
Principal Investments:
Investment grade bonds (92.5%), preferred stock (1.4%), common stock (1.2%), real estate (1.1%), cash (1.0%), other (2.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
One Huebner Parke
San Antonio, TX 78248
San Antonio, TX 78248
Phone Number
(210) 479-8886
NAIC Number
19119
Website
Largest Affiliates
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