Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 9.8% of capital. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. 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.
Other Rating Factors:
Excellent profitability index (8.6). Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (40.6%), comm multi (5.6%), homeowners (1.4%), fire (0.8%), other (51.6%)
Licensed in:
All states and Canada
Principal Investments:
Investment grade bonds (65.8%), cash (17.3%), common stock (13.6%), non investment grade bonds (0.2%), other (3.1%)
Corporate Info
Group Affiliation
Ally Financial Inc
Investment Rating
Company Address
500 Woodward Avenue
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(313) 656-3561
NAIC Number
22012
Website
Largest Affiliates