ACIG Ins Co
Major Rating Factors:
Good long-term capitalization index (5.8 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Fair overall results on stability tests (4.8) including. The largest net exposure for one risk is excessive at 5.6% of capital. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (7.9). Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (24.0%), work comp (17.3%), fin guar/surety (3.3%), other (55.4%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (59.4%), common stock (10.2%), cash (7.6%), non investment grade bonds (5.8%), other (17.0%)
Corporate Info
Group Affiliation
American Contractors Ins Group Ltd
Investment Rating
--
Company Address
2600 North Central Expressway
Richardson, TX 75080
Richardson, TX 75080
Phone Number
(972) 702-9004
NAIC Number
19984
Website
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