ARAG Ins Co
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent profitability index (9.7) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 32.0%. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (7.1). Stability strengths include excellent operational trends and excellent risk diversification. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except HI, ID, KS, ME, ND, NH, SC, SD, TX, WV
Principal Investments:
Investment grade bonds (80.8%), common stock (15.9%), cash (2.2%), other (1.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
500 Grand Avenue
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(515) 246-1200
NAIC Number
34738
Website
Largest Affiliates
No affiliate information available.
