Major Rating Factors:
Good long-term capitalization index (6.3 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2021. Good overall profitability index (5.9) despite operating losses during 2021. Return on equity has been fair, averaging 9.8% over the past five years. Good overall results on stability tests (5.0) despite fair risk adjusted capital in prior years. The largest net exposure for one risk is high at 5.0% of capital.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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 (78.5%), other (21.5%)
Licensed in:
NV
Principal Investments:
Investment grade bonds (65.6%), cash (13.2%), non investment grade bonds (0.5%), other (20.8%)
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
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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