Ansur America Ins Co
Major Rating Factors:
Fair profitability index (4.1 on a scale of 0 to 10) with operating losses during 2023. Return on equity has been low, averaging 1.7% over the past five years. Fair overall results on stability tests (4.0) including. The largest net exposure for one risk is excessive at 7.4% of capital. Strengths include potentially strong support from affiliation with Frankenmuth Ins Co. Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (37.9%), comm multi (27.8%), homeowners (12.5%), work comp (9.6%), fin guar/surety (2.3%), fire (0.6%), product liab. (0.4%), other (8.8%)
Licensed in:
All states except AK, AZ, CA, DC, DE, FL, HI, ID, LA, MA, MD, MN, MT, ND, NJ, NY, OR, RI, SD, TX, UT
Principal Investments:
Investment grade bonds (98.3%), other (1.7%)
Corporate Info
Group Affiliation
Frankenmuth Ins Co
Investment Rating
--
Company Address
One Mutual Avenue
Frankenmuth, MI 48787
Frankenmuth, MI 48787
Phone Number
(989) 652-6121
NAIC Number
10984
Website
Largest Affiliates