IMT Ins Co
Major Rating Factors:
Fair profitability index (3.1 on a scale of 0 to 10) with operating losses during 2022, 2023 and 2024. Average return on equity over the last five years has been poor at -6.1%. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.9) despite. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (42.1%), homeowners (24.5%), comm multi (11.7%), work comp (6.7%), fire (1.9%), product liab. (0.9%), farmowners (0.7%), fin guar/surety (0.4%), other (11.0%)
Licensed in:
AZ, IA, IL, IN, MN, MO, ND, NE, SD, WI
Principal Investments:
Investment grade bonds (69.5%), common stock (8.5%), real estate (8.0%), cash (3.7%), non investment grade bonds (0.1%), other (10.2%)
Corporate Info
Group Affiliation
IMT Mutual Holding Co
Investment Rating
--
Company Address
7825 Mills Civic Parkway
West Des Moines, IA 50266
West Des Moines, IA 50266
Phone Number
(515) 453-0777
NAIC Number
14257
Website
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