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 13.1% over the past five years. Fair reserve development (3.5) as reserves have generally been sufficient to cover claims. 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 (5.3) despite excessive premium growth. Stability strengths include good historical capital adequacy and excellent risk diversification. Strong long-term capitalization index (7.4) 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 (74.0%), homeowners (8.7%), comm multi (4.9%), fire (0.5%), farmowners (0.4%), other (11.4%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (61.8%), common stock (15.2%), non investment grade bonds (8.1%), other (14.9%)
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