D
Granada Ins Co
Miami,  FL
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.30
Risk Adjusted
Capital Ratio #2
0.30
Loss
Ratio
103.36%
Total
Assets
139.17M
Capital
27.24M
Net
Premiums
68.10M
Net
Income
914.89K
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
150
173
323
53.56%
22.82%
2022
208
231
439
52.62%
23.10%
2021
65
297
362
82.04%
22.81%
2020
303
115
418
27.51%
21.51%
2019
298
136
434
31.34%
22.66%
2018
320
45
365
12.33%
21.92%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
434
283
717
39.47%
47.27%
2022
511
437
948
46.10%
45.41%
2021
431
631
1,062
59.42%
44.40%
2020
605
405
1,010
40.10%
42.42%
2019
475
796
1,271
62.63%
44.33%
2018
440
425
865
49.13%
44.16%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
159
117
276
42.39%
38.64%
2022
184
202
386
52.33%
39.39%
2021
125
209
334
62.57%
40.41%
2020
219
137
356
38.48%
48.09%
2019
81
208
289
71.97%
43.30%
2018
82
189
271
69.74%
41.13%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
3
0
3
0.00%
16.34%
2022
1
0
1
0.00%
11.13%
2021
0
5
5
100.00%
18.93%
2020
4
5
9
55.56%
20.93%
2019
1
0
1
0.00%
16.90%
2018
3
3
6
50.00%
11.94%