D
PERMANENT GEN ASR CORP OF OHIO
Data as of
September 30, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (2.5 on a scale of 0 to 10). Fair expense controls. Return on equity has been fair, averaging 14.9% over the past five years. Weak overall results on stability tests (2.7) including weak financial strength of affiliated American Family Ins Group and negative cash flow from operations for 2021.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Stability Factors: F - Negative cash flow. 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 (100.0%)
Licensed in: All states except AK, CA, DC, DE, HI, ID, ME, MI, MN, MT, NM, NY, PR
Principal Investments: Cash (34.6%), common stock (33.6%), investment grade bonds (31.5%), other (0.3%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
--
Net Premium Growth
--
Investments in Affiliates
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
8040 Excelsior Drive Suite 400
MADISON, WI 53717
Phone Number
(615) 242-1961
NAIC Number
22906
Largest Affiliates
A
C
C
JACKSONVILLE, FL - P&C
Weiss Ratings