CSAA Ins Exchange
Major Rating Factors:
Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.3) despite. The largest net exposure for one risk is conservative at 1.3% of capital. Fair profitability index (3.3) with operating losses during 2022 and 2023. Average return on equity over the last five years has been poor at -2.8%.
Other Rating Factors:
Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (73.3%), homeowners (21.6%), fire (2.1%), other (3.1%)
Licensed in:
CA, NV
Principal Investments:
Investment grade bonds (67.2%), common stock (10.5%), cash (4.1%), non investment grade bonds (2.8%), preferred stock (0.7%), other (14.8%)
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