Armed Forces Ins Exchange
Major Rating Factors:
Good liquidity (5.8 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 (5.4) despite negative cash flow from operations for 2025. Stability strengths include good operational trends, good risk adjusted capital for prior years and good risk diversification. The largest net exposure for one risk is acceptable at 2.3% of capital. Weak profitability index (2.8) with operating losses during 2021, 2023 and 2024.
Other Rating Factors:
Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. Ample reserve history (7.0) that can protect against increases in claims costs.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Homeowners (86.9%), fire (1.7%), other (11.4%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (65.1%), common stock (17.1%), non investment grade bonds (3.7%), cash (2.1%), preferred stock (1.4%), other (10.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
550 Eisenhower Road
Leavenworth, KS 66048
Leavenworth, KS 66048
Phone Number
(913) 727-5500
NAIC Number
41459
Website
Largest Affiliates
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