Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 8.2% of capital. 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. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.6) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.2%. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (40.0%), comm multi (4.5%), homeowners (2.1%), fire (0.8%), other (52.7%)
Licensed in:
All states and Canada
Principal Investments:
Investment grade bonds (64.0%), cash (18.5%), common stock (13.7%), non investment grade bonds (0.1%), other (3.7%)
Corporate Info
Group Affiliation
Ally Financial Inc
Investment Rating
Company Address
500 Woodward Avenue
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(313) 656-3561
NAIC Number
22012
Website
Largest Affiliates