Pan-American Casualty Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.8) with operating losses during 2021, 2022 and 2023. Fair overall results on stability tests (3.1) including weak results on operational trends.
Other Rating Factors:
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 (8.8) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
IL, IN, KS, NE, TN, TX
Principal Investments:
Investment grade bonds (94.6%), cash (0.8%), other (4.6%)
Ratios
Premium to Surplus
Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Pan-American Life Mutual Holding Co
Investment Rating
--
Company Address
1778 North Plano Road
Richardson, TX 75081
Richardson, TX 75081
Phone Number
(504) 566-1300
NAIC Number
11087
Website
Largest Affiliates