Major Rating Factors:
Good overall results on stability tests (6.8 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 1.8% of capital. Weak profitability index (1.2) with operating losses during 2022 and 2023. Average return on equity over the last five years has been poor at -22.4%. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2019.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Personal/comm auto (18.0%), comm multi (2.0%), fire (1.6%), homeowners (0.7%), fin guar/surety (0.4%), work comp (0.4%), med mal (0.3%), other (76.6%)
Licensed in:
(No states)
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
AU Holding Co Inc
Investment Rating
--
Company Address
10805 Old Mill Road
Omaha, NE 68154
Omaha, NE 68154
Phone Number
(402) 827-3424
NAIC Number
16543
Website
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