Integon National Ins Co
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been fair, averaging 12.7% over the past five years. Weak overall results on stability tests (1.7) including excessive premium growth. The largest net exposure for one risk is excessive at 16.7% of capital. Fair reserve development (4.1) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Good long-term capitalization index (6.8) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good liquidity (5.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (71.2%), homeowners (9.5%), comm multi (5.3%), fire (0.6%), farmowners (0.4%), other (13.0%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (64.9%), common stock (16.9%), non investment grade bonds (6.8%), other (11.4%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
450 W. Hanes Mill Road
Winston-Salem, NC 27105
Winston-Salem, NC 27105
Phone Number
(336) 435-2000
NAIC Number
29742
Website
Largest Affiliates
