American Grte & Liab Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.6) including excessive premium growth and weak results on operational trends. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.2% over the past five years.
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 (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (8.9%), personal/comm auto (7.3%), work comp (5.4%), fire (1.5%), other (76.9%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (98.1%), other (1.9%)
Corporate Info
Group Affiliation
Zurich Ins Group AG
Investment Rating
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Company Address
1299 Zurich Way
Schaumburg, IL 60196
Schaumburg, IL 60196
Phone Number
(847) 605-6000
NAIC Number
26247
Website
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Largest Affiliates