C
Applied Underwriters (IA)
OmahaNE
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (3.0 on a scale of 0 to 10) with operating losses during 2022, 2023 and 2024. Good overall results on stability tests (6.1) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business: --
Licensed in: CA, IA, NM
Principal Investments: Cash (78.8%), non investment grade bonds (2.0%), investment grade bonds (1.3%), other (17.9%)
Ratios
Premium to Surplus
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
AU Holding Co Inc
Investment Rating
--
Company Address
10805 Old Mill Road
Omaha, NE 68154
Phone Number
(402) 827-3424
NAIC Number
14144
Website
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Largest Affiliates
C
Omaha, NE - P&C
C
C
Omaha, NE - P&C
C
Omaha, NE - P&C
D
Sarasota, FL - P&C