B
IMT Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
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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 overall results on stability tests (6.9) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.1) 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. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
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%)
Ratios
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Investments in Affiliates
Corporate Info
Group Affiliation
IMT Mutual Holding Co
Investment Rating
--
Company Address
7825 Mills Civic Parkway
West Des Moines, IA 50266
Phone Number
(515) 453-0777
NAIC Number
14257
Largest Affiliates
C
Vinton, IA - P&C
C
West Des Moines, IA - P&C