AgSecurity Ins Co
Major Rating Factors:
Good overall results on stability tests (5.9 on a scale of 0 to 10) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.1% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Fair profitability index (4.8).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
OK
Principal Investments:
Investment grade bonds (94.2%), cash (5.6%), other (0.2%)
Corporate Info
Group Affiliation
Oklahoma Farm Bureau Mutual Ins Co
Investment Rating
--
Company Address
2501 North Stiles Avenue
Oklahoma City, OK 73105
Oklahoma City, OK 73105
Phone Number
(405) 523-2300
NAIC Number
21571
Website
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