Amer Inter-Fidelity Exchange
Major Rating Factors:
Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.8) despite. Stability strengths include good operational trends and good risk diversification. Strong long-term capitalization index (9.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.6) that helps to protect the company against sharp claims increases. Excellent profitability index (8.8) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 16.2%.
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Personal/comm auto (93.4%), other (6.6%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (67.5%), common stock (15.2%), non investment grade bonds (0.7%), preferred stock (0.6%), real estate (0.3%), cash (0.1%), other (15.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
9223 Broadway
Merrillville, IN 46410
Merrillville, IN 46410
Phone Number
(219) 755-4567
NAIC Number
40088
Largest Affiliates
No affiliate information available.