Great American Ins Co
Major Rating Factors:
Strong long-term capitalization index (7.3 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (9.1) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 20.7%.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (5.6%), work comp (4.8%), personal/comm auto (3.8%), product liab. (2.6%), fin guar/surety (1.9%), fire (1.2%), farmowners (0.8%), other (79.4%)
Licensed in:
All states and Canada, GU, PR, VI
Principal Investments:
Investment grade bonds (50.2%), common stock (8.7%), preferred stock (2.9%), non investment grade bonds (2.8%), cash (1.1%), other (34.3%)
Corporate Info
Group Affiliation
American Financial Group Inc
Investment Rating
Company Address
Great American Insurance Group Tower
Cincinnati, OH 45202
Cincinnati, OH 45202
Phone Number
(513) 369-5000
NAIC Number
16691
Largest Affiliates