Infinity Assurance 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. Weak overall results on stability tests (0.0) including excessive premium growth. The largest net exposure for one risk is excessive at 65.2% of capital. 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 1.2% 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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (99.9%)
Licensed in:
FL, GA, IL, MO, NJ, NY, OH, PA, SC
Principal Investments:
Investment grade bonds (99.4%), other (0.6%)
Corporate Info
Group Affiliation
Kemper Corporation
Investment Rating
Company Address
3760 River Run Drive
Birmingham, AL 35243
Birmingham, AL 35243
Phone Number
(205) 870-4000
NAIC Number
39497
Website
Largest Affiliates