C
Integon Indemnity Corp
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.0) including excessive premium growth and negative cash flow from operations for 2024. The largest net exposure for one risk is excessive at 10.1% of capital. Good overall profitability index (5.1) with small operating losses during 2020. Excellent expense controls.
Other Rating Factors: Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors: F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (95.4%), homeowners (2.8%), other (1.8%)
Licensed in: All states except CA, CT, DC, HI, MA, ME, MI, MN, MT, NH, NJ, NY, VT, WY
Principal Investments: Common stock (83.1%), investment grade bonds (15.9%), preferred stock (0.2%), other (0.8%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
ALL
Company Address
450 W. Hanes Mill Road
Winston-Salem, NC 27105
Phone Number
(800) 526-0332
NAIC Number
22772
Largest Affiliates
C
Northbrook, IL - P&C
D
Winston-Salem, NC - P&C
C
JACKSONVILLE, FL - L&A
D
Northbrook, IL - P&C