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 overall results on stability tests (4.7) including excessive premium growth. Strengths include potential support from affiliation with Atlantic American / Delta Group. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 3.0% over the past five years.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (61.8%), other (38.2%)
Licensed in:
GA
Principal Investments:
Investment grade bonds (96.8%), other (3.2%)
Corporate Info
Group Affiliation
Atlantic American / Delta Group
Investment Rating
--
Company Address
3715 Northside Parkway
Atlanta, GA 30327
Atlanta, GA 30327
Phone Number
(404) 266-9599
NAIC Number
33103
Website
Largest Affiliates