C
IMT Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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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. Good overall results on stability tests (6.7) despite. Stability strengths include good operational trends and excellent risk diversification. Vulnerable liquidity (2.9) as a spike in claims may stretch capacity.
Other Rating Factors: Strong long-term capitalization index (7.7) 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: L - Past results on our liquidity tests.
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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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
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