B
Great West Casualty 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
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
17,632
8,568
26,200
32.70%
22.80%
2023
17,435
8,803
26,238
33.55%
22.83%
2022
16,808
8,701
25,509
34.11%
23.10%
2021
15,532
8,359
23,891
34.99%
22.81%
2020
14,998
7,761
22,759
34.10%
21.51%
2019
16,518
10,363
26,881
38.55%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
9,177
28,435
37,612
75.60%
47.78%
2023
8,836
28,138
36,974
76.10%
47.29%
2022
7,854
25,516
33,370
76.46%
45.44%
2021
8,083
24,114
32,197
74.90%
44.40%
2020
7,801
21,916
29,717
73.75%
42.45%
2019
9,903
28,928
38,831
74.50%
44.33%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
688
243
931
26.10%
12.77%
2023
37
688
725
94.90%
16.34%
2022
40
565
605
93.39%
11.13%
2021
30
476
506
94.07%
18.93%
2020
29
241
270
89.26%
20.93%
2019
29
501
530
94.53%
16.90%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
797
294
1,091
26.95%
35.29%
2023
557
685
1,242
55.15%
35.67%
2022
471
594
1,065
55.77%
37.14%
2021
520
665
1,185
56.12%
35.46%
2020
477
554
1,031
53.73%
33.86%
2019
820
857
1,677
51.10%
34.01%