Major Rating Factors:
History of adequate reserve strength (5.1 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall results on stability tests (5.0) including. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (8.4). Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
TN
Principal Investments:
Investment grade bonds (45.3%), common stock (29.6%), cash (18.1%), other (7.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1669 Kirby Parkway
Memphis, TN 38120
Memphis, TN 38120
Phone Number
(901) 614-0100
NAIC Number
44130
Largest Affiliates
There are no affiliate to display.