B
American National P&C Co
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
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Major Rating Factors: Strong long-term capitalization index (7.7 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (7.6). Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors: Fair profitability index (4.6) with operating losses during 2022 and 2023. Fair liquidity (3.1) as cash resources may not be adequate to cover a spike in claims.
Stability Factors: F - Negative cash flow. L - Past results on our liquidity tests.
Principal Lines of Business: Personal/comm auto (36.7%), homeowners (20.1%), comm multi (13.6%), fire (1.3%), work comp (0.4%), other (27.9%)
Licensed in: All states except CT, MA, NY, also licensed in PR
Principal Investments: Investment grade bonds (47.1%), common stock (35.7%), non investment grade bonds (2.9%), preferred stock (1.3%), real estate (0.8%), cash (0.1%), other (12.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Brookfield Wealth Solutions Ltd
Investment Rating
BNT
Company Address
American National Corporate Centre
Springfield, MO 65804
Phone Number
(417) 887-0220
NAIC Number
28401
Largest Affiliates
C
GALVESTON, TX - L&A
C
San Antonio, TX - P&C
B
San Antonio, TX - P&C
B