Atain Specialty Ins Co
Major Rating Factors:
Good overall profitability index (5.2 on a scale of 0 to 10) despite operating losses during 2022. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent overall results on stability tests (7.0) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Homeowners (25.1%), fire (10.5%), other (64.4%)
Licensed in:
MI, NY, PA
Principal Investments:
Common stock (41.5%), investment grade bonds (27.1%), cash (0.6%), non investment grade bonds (0.1%), other (30.7%)
Corporate Info
Group Affiliation
Alan J Kaufman Revocable Living Trust
Investment Rating
--
Company Address
220 Kaufman Financial Center
Farmington Hills, MI 48334
Farmington Hills, MI 48334
Phone Number
(248) 538-4530
NAIC Number
17159
Website
Largest Affiliates