Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. 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. Excellent profitability index (7.8). Excellent expense controls.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Comm multi (13.7%), fire (7.0%), other (79.3%)
Licensed in:
All states and GU, PR
Principal Investments:
Investment grade bonds (90.8%), cash (0.6%), non investment grade bonds (0.6%), other (8.0%)
Corporate Info
Group Affiliation
Allianz SE
Investment Rating
Company Address
155 North Wacker Drive
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(888) 466-7883
NAIC Number
22837
Website
Largest Affiliates