Allied P&C Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.9) including excessive premium growth. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 1.6% over the past five years.
Other Rating Factors:
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (37.6%), homeowners (30.0%), comm multi (20.5%), work comp (1.2%), fire (0.7%), product liab. (0.6%), other (9.5%)
Licensed in:
All states except AK, HI, LA, MA, NJ, OK
Principal Investments:
Investment grade bonds (97.0%), non investment grade bonds (0.2%), other (2.7%)
Corporate Info
Group Affiliation
Nationwide Mutual Group
Investment Rating
--
Company Address
1100 Locust Street
Des Moines, IA 50391
Des Moines, IA 50391
Phone Number
(515) 508-4211
NAIC Number
42579
Website
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