Major Rating Factors:
History of adequate reserve strength (6.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.4) with small operating losses during 2024. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.5) despite. Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. The largest net exposure for one risk is conservative at 1.2% of capital. Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (33.8%), work comp (11.5%), homeowners (5.7%), comm multi (5.2%), personal/comm auto (5.1%), med mal (0.7%), fire (0.5%), product liab. (0.4%), other (37.2%)
Licensed in:
All states except AK, CT, HI
Principal Investments:
Common stock (44.5%), investment grade bonds (19.5%), preferred stock (17.0%), cash (16.3%), non investment grade bonds (0.1%), other (2.5%)
Corporate Info
Group Affiliation
AU Holding Co Inc
Investment Rating
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Company Address
10805 Old Mill Road
Omaha, NE 68154
Omaha, NE 68154
Phone Number
(402) 827-3424
NAIC Number
28258
Website
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Largest Affiliates