Argonaut Great Central Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (5.0) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.1% over the past five years. Good overall results on stability tests (5.9) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (34.6%), comm multi (22.8%), other (42.6%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (77.7%), cash (2.6%), non investment grade bonds (0.3%), other (19.4%)
Corporate Info
Group Affiliation
Argo Re Ltd
Investment Rating
--
Company Address
711 Broadway Street
San Antonio, TX 78215
San Antonio, TX 78215
Phone Number
(800) 470-7958
NAIC Number
19860
Website
--
Largest Affiliates