Major Rating Factors:
Good profitability index (5.0 on a scale of 0 to 10) with small operating losses during 2024. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Fin guar/surety (30.8%), personal/comm auto (7.8%), work comp (5.4%), comm multi (1.4%), med mal (1.0%), homeowners (0.4%), product liab. (0.3%), other (52.9%)
Licensed in:
All states except AK, HI, ID
Principal Investments:
Investment grade bonds (41.7%), common stock (31.6%), cash (11.1%), non investment grade bonds (7.9%), preferred stock (7.4%), other (0.3%)
Corporate Info
Group Affiliation
AU Holding Co Inc
Investment Rating
--
Company Address
10805 Old Mill Road
Omaha, NE 68154
Omaha, NE 68154
Phone Number
(402) 827-3424
NAIC Number
21962
Website
--
Largest Affiliates