B
Granada Indemnity Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.47
Risk Adjusted
Capital Ratio #2
1.75
Loss
Ratio
52.66%
Total
Assets
186.12M
Capital
61.90M
Net
Premiums
97.32M
Net
Income
8.53M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
63
994
1,057
94.04%
23.88%
2024
46
688
734
93.73%
23.31%
2023
1
8
9
88.89%
22.83%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
363
934
1,297
72.01%
49.08%
2024
263
623
886
70.32%
47.46%
2023
3
3
6
50.00%
47.29%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
84
15
99
15.15%
42.44%
2024
719
1,310
2,029
64.56%
41.75%
2023
50
16
66
24.24%
38.64%
2022
68
150
218
68.81%
39.39%
2021
16
40
56
71.43%
40.41%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
585
280
865
32.37%
38.98%
2024
796
4,842
5,638
85.88%
39.58%
2023
0
0
0
0.00%
36.96%
2022
1,387
2,411
3,798
63.48%
37.07%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
0
0
0
0.00%
13.25%
2024
1
0
1
0.00%
12.32%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2025
0
0
0
0.00%
63.59%
2024
0
0
0
0.00%
63.97%
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2021
20
36
56
64.29%
35.46%
2020
86
26
112
23.21%
33.86%