Major Rating Factors:
Good overall profitability index (6.3 on a scale of 0 to 10). Fair reserve development (4.0) as reserves have generally been sufficient to cover claims. In 2020 the two year reserve development was 25.4% deficient. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2019.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Product liab. (17.4%), personal/comm auto (12.0%), other (70.6%)
Licensed in:
All states except AK, NY
Principal Investments:
Investment grade bonds (76.9%), common stock (10.0%), cash (3.2%), preferred stock (3.1%), non investment grade bonds (1.3%), other (5.5%)
Corporate Info
Group Affiliation
American Financial Group Inc
Investment Rating
Company Address
1437 South Boulder Drive
Tulsa, OK 74119
Tulsa, OK 74119
Phone Number
(918) 587-7221
NAIC Number
23418
Website
Largest Affiliates