B
Alfa Ins Corp
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
1,839
1,504
3,343
44.99%
22.80%
2023
1,787
1,195
2,982
40.07%
22.83%
2022
1,620
1,294
2,914
44.41%
23.10%
2021
1,568
1,218
2,786
43.72%
22.81%
2020
990
1,094
2,084
52.50%
21.51%
2019
1,054
1,161
2,215
52.42%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
10
1
11
9.09%
47.78%
2023
9
1
10
10.00%
47.29%
2022
9
1
10
10.00%
45.44%
2021
9
0
9
0.00%
44.40%
2020
4
0
4
0.00%
42.45%
2019
5
0
5
0.00%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
28
5
33
15.15%
41.49%
2023
33
1
34
2.94%
38.64%
2022
26
1
27
3.70%
39.39%
2021
26
1
27
3.70%
40.41%
2020
32
1
33
3.03%
48.09%
2019
21
2
23
8.70%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
561
85
646
13.16%
39.63%
2023
661
16
677
2.36%
36.96%
2022
468
12
480
2.50%
37.07%
2021
479
8
487
1.64%
39.17%
2020
580
13
593
2.19%
35.42%
2019
296
11
307
3.58%
35.34%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
81.20%
2023
1
0
1
0.00%
74.87%
2022
0
0
0
0.00%
72.69%
2021
1
0
1
0.00%
79.01%
2020
1
0
1
0.00%
80.13%
2019
1
0
1
0.00%
77.47%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
12.77%
2023
1
0
1
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
842
337
1,179
28.58%
45.00%
2023
743
253
996
25.40%
44.64%
2022
659
208
867
23.99%
46.15%
2021
679
196
875
22.40%
46.87%
2020
501
161
662
24.32%
43.90%
2019
548
174
722
24.10%
42.09%