B
Safeway Ins 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
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Major Rating Factors: Good liquidity (6.3 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.7) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Fair profitability index (4.8) with operating losses during 2022.
Stability Factors: L - Past results on our liquidity tests.
Principal Lines of Business: Personal/comm auto (100.0%)
Licensed in: All states except AL, AR, CT, HI, KY, LA, NC, NH, NY, OH, RI, TN, VA, VT
Principal Investments: Common stock (70.5%), investment grade bonds (23.1%), cash (5.9%), real estate (0.3%), non investment grade bonds (0.2%)
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
Safeway Financial Holding Co
Investment Rating
--
Company Address
790 Pasquinelli Drive
Westmont, IL 60559
Phone Number
--
NAIC Number
12521
Largest Affiliates
A
Westmont, IL - P&C
B
Alpharetta, GA - P&C
B
Westmont, IL - P&C