Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10) despite negative cash flow from operations for 2024. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (8.5). Excellent expense controls.
Other Rating Factors:
Excellent liquidity (8.0) with ample operational cash flow and liquid investments. Fair reserve development (4.7) as reserves have generally been sufficient to cover claims.
Stability Factors:
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (55.9%), personal/comm auto (27.7%), comm multi (2.1%), other (14.3%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (92.4%), non investment grade bonds (0.5%), other (7.1%)
Corporate Info
Group Affiliation
American Financial Group Inc
Investment Rating
Company Address
3250 Interstate Drive
Richfield, OH 44286
Richfield, OH 44286
Phone Number
(330) 659-8900
NAIC Number
21172
Website
Largest Affiliates