A
Phoenix Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.80
Risk Adjusted
Capital Ratio #2
1.50
Loss
Ratio
71.91%
Total
Assets
5.76B
Capital
2.04B
Net
Premiums
1.78B
Net
Income
98.27M
My Lists My Alerts
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
2023
34,848
2,800
37,648
7.44%
22.82%
2022
34,492
2,833
37,325
7.59%
23.10%
2021
30,841
2,434
33,275
7.31%
22.81%
2020
27,070
2,162
29,232
7.40%
21.51%
2019
32,525
2,837
35,362
8.02%
22.66%
2018
32,736
3,421
36,157
9.46%
21.92%
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
2023
982
1,514
2,496
60.66%
47.27%
2022
941
1,372
2,313
59.32%
45.41%
2021
953
1,186
2,139
55.45%
44.40%
2020
1,039
1,200
2,239
53.60%
42.42%
2019
1,525
1,453
2,978
48.79%
44.33%
2018
1,584
1,767
3,351
52.73%
44.16%
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
2023
799
811
1,610
50.37%
38.64%
2022
788
775
1,563
49.58%
39.39%
2021
880
921
1,801
51.14%
40.41%
2020
928
1,486
2,414
61.56%
48.09%
2019
985
1,713
2,698
63.49%
43.30%
2018
1,027
1,197
2,224
53.82%
41.13%
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
2023
10,278
699
10,977
6.37%
36.96%
2022
8,422
554
8,976
6.17%
37.08%
2021
8,920
654
9,574
6.83%
39.17%
2020
8,681
446
9,127
4.89%
35.42%
2019
7,213
370
7,583
4.88%
35.34%
2018
7,613
384
7,997
4.80%
34.35%
Medical Professional 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
2023
0
0
0
0.00%
92.52%
2019
0
0
0
0.00%
93.92%
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
2023
14
8
22
36.36%
74.81%
2022
14
7
21
33.33%
73.22%
2021
13
6
19
31.58%
79.01%
2020
14
6
20
30.00%
80.13%
2019
15
6
21
28.57%
77.47%
2018
15
6
21
28.57%
77.10%
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
2023
73
335
408
82.11%
16.34%
2022
80
306
386
79.27%
11.13%
2021
91
185
276
67.03%
18.93%
2020
96
178
274
64.96%
20.93%
2019
123
311
434
71.66%
16.90%
2018
117
363
480
75.63%
11.94%
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
2023
5,290
1,304
6,594
19.78%
44.64%
2022
4,938
1,409
6,347
22.20%
46.15%
2021
4,603
1,073
5,676
18.90%
46.87%
2020
4,325
806
5,131
15.71%
43.90%
2019
6,115
1,112
7,227
15.39%
42.09%
2018
6,531
1,093
7,624
14.34%
39.60%
Product 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
2023
0
0
0
0.00%
68.07%
2022
0
0
0
0.00%
77.84%
2021
0
0
0
0.00%
84.45%
2020
0
0
0
0.00%
83.02%
2019
0
0
0
0.00%
81.57%
2018
0
0
0
0.00%
88.64%
Product 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
2023
2
16
18
88.89%
62.55%
2022
3
11
14
78.57%
56.52%
2021
6
6
12
50.00%
62.74%
2020
5
6
11
54.55%
61.51%
2019
5
14
19
73.68%
70.02%
2018
3
15
18
83.33%
70.45%
Workers' Compensation
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
2023
2,364
878
3,242
27.08%
35.70%
2022
2,457
1,033
3,490
29.60%
37.14%
2021
2,448
512
2,960
17.30%
35.46%
2020
2,343
829
3,172
26.13%
33.86%
2019
3,334
610
3,944
15.47%
34.01%
2018
3,309
619
3,928
15.76%
32.34%