FBAlliance Ins Inc
Major Rating Factors:
Weak overall results on stability tests (1.0 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and weak risk diversification. Fair reserve development (4.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.4) with operating gains in each of the last five years. Return on equity has been low, averaging 2.0% over the past five years.
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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
--
Licensed in:
VA
Principal Investments:
Investment grade bonds (91.4%), cash (8.6%)
Corporate Info
Group Affiliation
FBP 2015 Holding Co
Investment Rating
--
Company Address
1501 East Woodfield Road
Schaumburg, IL 60173
Schaumburg, IL 60173
Phone Number
(804) 432-4328
NAIC Number
15922
Website
Largest Affiliates