Amer Inter-Fidelity Exchange
Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including weak results on operational trends. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (10.0) 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).
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (94.5%), other (5.5%)
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 (66.6%), common stock (15.1%), cash (5.5%), non investment grade bonds (0.8%), preferred stock (0.5%), real estate (0.2%), other (11.3%)
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
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