C
NGM Ins Co
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 reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.9) including excessive premium growth and weak results on operational trends. Good profitability index (4.9). Excellent expense controls.
Other Rating Factors: 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. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (42.0%), comm multi (28.8%), homeowners (16.5%), fin guar/surety (4.6%), work comp (3.2%), fire (0.2%), other (4.8%)
Licensed in: All states except AK, CA, HI
Principal Investments: Common stock (55.6%), investment grade bonds (41.8%), real estate (1.1%), other (1.5%)
Ratios
Premium to Surplus
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Reserve to Surplus
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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
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
4601 Touchton Road East
Jacksonville, FL 32246
Phone Number
(904) 380-7282
NAIC Number
14788
Largest Affiliates
B
A
C
D
Boston, MA - P&C