Atain Ins Co
Major Rating Factors:
Strong long-term capitalization index (9.7 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (7.0) that can protect against increases in claims costs. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Other Rating Factors:
Good overall profitability index (5.2) with operating gains in each of the last five years. Return on equity has been low, averaging 2.9% over the past five years. Good overall results on stability tests (6.8) despite. The largest net exposure for one risk is acceptable at 2.3% of capital.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (10.0%), homeowners (5.9%), other (84.1%)
Licensed in:
All states except MI, NH, NY, PA
Principal Investments:
Investment grade bonds (62.8%), common stock (27.9%), non investment grade bonds (0.6%), other (8.7%)
Corporate Info
Group Affiliation
Alan J Kaufman Revocable Living Trust
Investment Rating
--
Company Address
220 Kaufman Financial Center
Farmington Hills, MI 48334
Farmington Hills, MI 48334
Phone Number
(248) 538-4530
NAIC Number
29033
Website
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