NAMIC Ins Co
Major Rating Factors:
History of adequate reserve strength (5.4 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall results on stability tests (5.3) despite. Stability strengths include excellent operational trends and good risk diversification. The largest net exposure for one risk is acceptable at 2.9% of capital. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (7.5) with operating gains in each of the last five years. Superior liquidity (9.7) 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:
Other (100%)
Licensed in:
IN, KY
Principal Investments:
Investment grade bonds (59.9%), common stock (24.3%), non investment grade bonds (7.9%), cash (4.6%), other (3.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3601 Vincennes Road
Indianapolis, IN 46268
Indianapolis, IN 46268
Phone Number
(317) 875-5250
NAIC Number
29629
Website
Largest Affiliates
No affiliate information available.