E
UNITED AUTOMOBILE INS CO
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.76
Risk Adjusted
Capital Ratio #2
0.65
Loss
Ratio
100.20%
Total
Assets
464.12M
Capital
95.91M
Net
Premiums
202.98M
Net
Income
-6.13M
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Weiss Ratings UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Rating E
Capitalization Index 4.20
Investment Safety Index --
Liquidity Index 1.50
Profitability Index 2.80
Reserve Adequacy Index 0.40
Stability Index 0.60
Company Info UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Industry P&C
NAIC Number 35319
Phone Number (305) 940-7299
Website www.uaig.net
Address 1313 North West 167th Street Miami Gardens, IL 33169
Balance Sheet UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Total Assets 464.12M
Capital and Reserves UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Risk-Adjusted Capital Ratio #1 0.76
Risk-Adjusted Capital Ratio #2 0.65
1-Year Reserve Development 31.00%
2-Year Reserve Development 45.60%
Capital 95.91M
Premium to Surplus 211.60%
Reserves to Surplus 196.80%
Investments UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 90.70%
Combined Ratio 109.50%
Expense Ratio 9.30%
Loss Ratio 100.20%
Net Premium Growth -10.40%
Other Medical UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability UNITED AUTOMOBILE INS CO
Miami Gardens, IL 		Click to
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Net Income -6.13M
Net Premium 202.98M
Health Premium --
Weiss Ratings