B
NORTH AMERICAN INS CO
MadisonWI
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Good overall profitability (6.6 on a scale of 0 to 10). Excellent expense controls. Return on equity has been excellent over the last five years averaging 16.1%. Good Liquidity (6.9) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.8).
Other Rating Factors: Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.1).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (99.8%), group health (0.1%)
Licensed in: AL, CO, DC, IL, IN, KS, LA, MD, MI, MN, MO, NM, ND, OH, OK, OR, PA, SC, TX, WI
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Amerco Corp
Investment Rating
Company Address
575 Donofrio Drive Suite 100
Madison, WI 53719
Phone Number
(877) 667-9368
NAIC Number
68349
Largest Affiliates
B
Phoenix, AZ - L&A
A
Phoenix, AZ - P&C
B
Reno, NV - P&C