Alfa General Ins Corp
Major Rating Factors:
Fair profitability index (4.9 on a scale of 0 to 10) with operating losses during 2023. Vulnerable liquidity (3.0) as a spike in claims may stretch capacity. Good overall results on stability tests (6.4) despite. The largest net exposure for one risk is acceptable at 2.9% of capital.
Other Rating Factors:
Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (52.8%), homeowners (39.6%), comm multi (2.4%), farmowners (2.0%), fire (0.2%), other (2.9%)
Licensed in:
AL, GA, MS
Principal Investments:
Investment grade bonds (42.0%), common stock (34.3%), preferred stock (1.7%), cash (1.4%), non investment grade bonds (0.4%), other (20.1%)
Corporate Info
Group Affiliation
Alfa Mutual Group
Investment Rating
--
Company Address
2108 East South Boulevard
Montgomery, AL 36116
Montgomery, AL 36116
Phone Number
(334) 288-3900
NAIC Number
41661
Website
Largest Affiliates