C
American Bankers Ins Co of FL
MiamiFL
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (5.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent overall profitability index (7.0). Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Homeowners (31.5%), personal/comm auto (0.5%), fin guar/surety (0.5%), fire (0.1%), other (67.3%)
Licensed in: All states and Canada, PR, VI
Principal Investments: Investment grade bonds (67.5%), non investment grade bonds (2.6%), cash (1.8%), preferred stock (1.7%), common stock (1.1%), other (25.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Combined Ratio
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Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Assurant Inc
Investment Rating
AIZ
Company Address
701 Waterford Way
Miami, FL 33126
Phone Number
(305) 253-2244
NAIC Number
10111
Largest Affiliates
B
Atlanta, GA - P&C
B
Chicago, IL - P&C
A
Atlanta, GA - P&C
D
Atlanta, GA - P&C