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 excessive premium growth. Stability strengths include good operational trends, good risk adjusted capital for prior years and good risk diversification. Strong long-term capitalization index (9.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2019.
Other Rating Factors:
Ample reserve history (9.6) that helps to protect the company against sharp claims increases. Excellent profitability index (8.8).
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Personal/comm auto (93.4%), other (6.6%)
Licensed in:
AL, AR, CO, FL, GA, IA, IL, IN, KS, KY, MD, MN, MO, MS, NC, NE, OH, OK, OR, PA, SC, TN, TX, WI, WV
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.