Aventus Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.3 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. Vulnerable liquidity (2.8) as a spike in claims may stretch capacity. Good long-term capitalization index (6.3) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent profitability index (8.4) with small operating losses during 2022.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (64.8%), fire (10.6%), other (24.6%)
Licensed in:
AL, AR, CT, DC, FL, LA, MA, MD, MS, NJ, OK, RI, TX
Principal Investments:
Investment grade bonds (34.6%), common stock (23.3%), cash (10.5%), other (31.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6801 Calmont Avenue
Fort Worth, TX 76116
Fort Worth, TX 76116
Phone Number
(817) 732-2111
NAIC Number
22390
Largest Affiliates
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