CSAA Affinity Ins 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. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 1.4% over the past five years. Good overall results on stability tests (5.3) despite excessive premium growth.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (10.0) 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 (56.0%), homeowners (39.2%), fire (2.8%), other (2.0%)
Licensed in:
AZ, CO, CT, DC, DE, IN, KS, KY, MD, MT, NJ, NV, OH, OK, PA, SD, UT, VA, WV
Principal Investments:
Investment grade bonds (69.1%), common stock (29.9%), cash (0.1%), other (0.9%)
Corporate Info
Group Affiliation
CSAA Ins Exchange
Investment Rating
--
Company Address
3055 Oak Road
Walnut Creek, CA 94597
Walnut Creek, CA 94597
Phone Number
(925) 279-2300
NAIC Number
11681
Website
Largest Affiliates
