B
Amerisure Mutual Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
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Capital Ratio #2
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Major Rating Factors: Good overall profitability index (5.2 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been low, averaging 3.9% over the past five years. Strong long-term capitalization index (8.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors: Excellent liquidity (7.7) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.4). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Work comp (31.2%), personal/comm auto (26.4%), comm multi (23.2%), fin guar/surety (2.9%), product liab. (1.3%), other (14.9%)
Licensed in: All states and PR
Principal Investments: Investment grade bonds (59.0%), common stock (23.7%), non investment grade bonds (6.0%), preferred stock (0.8%), real estate (0.4%), other (10.1%)
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Investments in Affiliates
Corporate Info
Group Affiliation
Amerisure Mutual Holdings Inc
Investment Rating
--
Company Address
26777 Halsted Road
Farmington Hills, MI 48331
Phone Number
(248) 615-9000
NAIC Number
23396
Largest Affiliates
B
Farmington Hills, MI - P&C
B
Farmington Hills, MI - P&C