B
ALFA MUTUAL INS CO
Data as of
September 30, 2020
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (5.1 on a scale of 0 to 10) despite operating losses during 2017 and 2018. Fair liquidity (4.8) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors: Fair overall results on stability tests (4.1). Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.0) that helps to protect the company against sharp claims increases.
Stability Factors: L - Past results on our liquidity tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (60.4%), homeowners (28.7%), farmowners (6.4%), comm multi (3.3%), other (1.2%)
Licensed in: AL, FL, GA, IL, IN, KY, NC, OH, PA, VA
Principal Investments: Common stock (40.7%), investment grade bonds (37.4%), real estate (3.1%), non investment grade bonds (2.2%), cash (1.7%), preferred stock (0.4%), other (14.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Alfa Ins Group
Investment Rating
--
Company Address
2108 East South Boulevard
Montgomery, AL 36116
Phone Number
(334) 288-3900
NAIC Number
19135
Largest Affiliates
B
Montgomery, AL - L&A
B
Montgomery, AL - P&C
B
Montgomery, AL - P&C
B
Montgomery, AL - P&C
B
Montgomery, AL - P&C
Weiss Ratings