CSAA Ins Exchange
Major Rating Factors:
Good overall results on stability tests (6.9 on a scale of 0 to 10) despite. Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. The largest net exposure for one risk is conservative at 1.0% of capital. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent liquidity (7.1) with ample operational cash flow and liquid investments. Fair profitability index (3.5) with operating losses during 2022 and 2023. Average return on equity over the last five years has been poor at -2.5%.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (74.6%), homeowners (20.1%), fire (2.6%), other (2.7%)
Licensed in:
CA, NV
Principal Investments:
Investment grade bonds (56.9%), common stock (11.1%), non investment grade bonds (3.6%), cash (2.6%), preferred stock (0.5%), other (25.3%)
Corporate Info
Group Affiliation
CSAA Ins Exchange
Investment Rating
--
Company Address
3055 Oak Road
Walnut Creek, CA 94597
Walnut Creek, CA 94597
Phone Number
(800) 207-3618
NAIC Number
15539
Largest Affiliates