Major Rating Factors:
Fair reserve development (3.9 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 15.9% deficient. Fair profitability index (4.4) with operating losses during 2022 and 2023. Strong long-term capitalization index (9.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent liquidity (8.8) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.6). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (38.0%), fire (11.7%), personal/comm auto (5.4%), work comp (1.0%), fin guar/surety (0.5%), product liab. (0.2%), other (43.2%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (61.8%), common stock (24.8%), cash (0.7%), other (12.6%)
Corporate Info
Group Affiliation
Allianz SE
Investment Rating
Company Address
155 North Wacker Drive
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(888) 466-7883
NAIC Number
21873
Website
Largest Affiliates