Great Amer Contemporary Ins Co
Major Rating Factors:
Good long-term capitalization index (6.5 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 (6.9) 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) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 16.5%. Excellent overall results on stability tests (8.6). 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.
T - Significant trends in critical asset, liability, income or expense items.
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
Company Address
301 East Fourth Street
Cincinnati, OH 45202
Cincinnati, OH 45202
Phone Number
(513) 369-5000
NAIC Number
10646
Website
Largest Affiliates