C
ASMI Auto Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: History of adequate reserve strength (6.4 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (6.0) despite operating losses during 2024. Excellent expense controls. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Other Rating Factors: Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.4). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Reinsurance (100.0%)
Licensed in: IL, MI
Principal Investments: Investment grade bonds (84.1%), common stock (6.4%), preferred stock (0.2%), other (9.3%)
Ratios
Premium to Surplus
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
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Net Premium Growth
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Investments in Affiliates
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
ALL
Company Address
3100 Sanders Road
Northbrook, IL 60062
Phone Number
(847) 402-5000
NAIC Number
16960
Largest Affiliates
C
Northbrook, IL - P&C
C
Winston-Salem, NC - P&C
B
Winston-Salem, NC - P&C
D
Winston-Salem, NC - P&C