B
Great Amer Contemporary Ins Co
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 long-term capitalization index (6.4 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios). Over the last several years, capital levels have remained relatively consistent. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Ample reserve history (9.8) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (8.6). Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. L - Past results on our liquidity tests.
Principal Lines of Business: Work comp (100.0%)
Licensed in: AZ, CA, FL, IL, IN, KY, MD, MO, NC, NY, OH, WA
Principal Investments: Investment grade bonds (76.2%), common stock (14.9%), non investment grade bonds (1.8%), preferred stock (1.7%), other (5.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
American Financial Group Inc
Investment Rating
AFG
Company Address
301 East Fourth Street
Cincinnati, OH 45202
Phone Number
(513) 369-5000
NAIC Number
10646
Largest Affiliates
A
Cincinnati, OH - P&C
B
Richfield, OH - P&C
B
B
Richfield, OH - P&C
B
Cincinnati, OH - P&C