C
CSAA FIRE & CASUALTY INS CO
Rating Date
December 2023
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: Fair overall results on stability tests (3.3) including weak results on operational trends.
Other Rating Factors: Good overall profitability index (6.9). Good expense controls. Return on equity has been low, averaging 4.3% over the past five years. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (47.0%), fire (38.9%), homeowners (5.7%), other (8.5%)
Licensed in: AK, AZ, CA, CO, CT, DE, FL, ID, IN, KS, KY, MD, MT, NV, NY, OH, OK, OR, PA, SD, UT, WA, WV, WY
Principal Investments: Investment grade bonds (79.2%), cash (0.8%), common stock (0.7%), other (19.4%)
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
CSAA Insurance Group
Investment Rating
--
Company Address
450 E 96TH STREET SUITE 500
INDIANAPOLIS, IN 46240
Phone Number
(925) 279-4266
NAIC Number
10921
Largest Affiliates
B
WALNUT CREEK, CA - P&C
C
INDIANAPOLIS, IN - P&C
D
GLENDALE, AZ - P&C
B
D
GLENDALE, AZ - P&C
Weiss Ratings