Major Rating Factors:
Good overall profitability index (6.9 on a scale of 0 to 10) despite operating losses during 2021. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.0) including fair risk adjusted capital in prior years. The largest net exposure for one risk is high at 4.2% of capital.
Other Rating Factors:
Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021. Ample reserve history (7.0) that can protect against increases in claims costs.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (78.4%), other (21.6%)
Licensed in:
NV
Principal Investments:
Investment grade bonds (64.8%), cash (8.7%), non investment grade bonds (0.5%), other (26.0%)
Corporate Info
Group Affiliation
U-Haul Holding Co
Investment Rating
Company Address
5555 Kietzke Lane
Reno, NV 89511
Reno, NV 89511
Phone Number
(775) 688-6300
NAIC Number
13177
Website
Largest Affiliates