Integon General Ins Corp
Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including excessive premium growth, negative cash flow from operations for 2024 and fair risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 123.4% of capital. Fair long-term capitalization index (4.4) based on fair current risk adjusted capital (severe loss scenarios). Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair profitability index (4.2) with operating losses during 2020, 2022 and 2024. Good liquidity (6.7) 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.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (97.0%), homeowners (2.7%), other (0.2%)
Licensed in:
AK, AL, AR, CO, FL, GA, IL, KY, MD, MO, NC, ND, NE, OH, OR, PA, RI, SC, SD, TN, VA, WA, WI
Principal Investments:
Investment grade bonds (95.3%), other (4.7%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
450 W. Hanes Mill Road
Winston-Salem, NC 27105
Winston-Salem, NC 27105
Phone Number
(800) 526-0332
NAIC Number
22780
Website
Largest Affiliates