B
MGA Ins Co
DallasTX
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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
2024
10,080
5,608
15,688
35.75%
23.31%
2023
11,849
6,851
18,700
36.64%
22.83%
2022
10,099
6,303
16,402
38.43%
23.10%
2021
12,183
6,271
18,454
33.98%
22.81%
2020
11,440
5,434
16,874
32.20%
21.51%
2019
11,723
5,766
17,489
32.97%
22.66%
Private Passenger 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
2024
13,817
10,082
23,899
42.19%
45.22%
2023
13,070
10,387
23,457
44.28%
44.64%
2022
12,264
8,809
21,073
41.80%
46.15%
2021
15,015
10,915
25,930
42.09%
46.87%
2020
15,947
10,191
26,138
38.99%
43.90%
2019
20,337
11,354
31,691
35.83%
42.09%