Integon National Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.1) with operating losses during 2022. Good liquidity (5.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.6) despite excessive premium growth. Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. Strong long-term capitalization index (7.1) 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:
Personal/comm auto (77.3%), homeowners (8.1%), comm multi (5.4%), farmowners (0.4%), fire (0.4%), other (8.4%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (65.5%), common stock (16.6%), non investment grade bonds (5.8%), other (12.1%)
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
(800) 526-0332
NAIC Number
29742
Website
Largest Affiliates