B
American Security Ins Co
AtlantaGA
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (5.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors: Excellent profitability index (8.2). Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors: L - Past results on our liquidity tests.
Principal Lines of Business: Fire (20.8%), homeowners (1.6%), other (77.6%)
Licensed in: All states except NH, also licensed in GU, PR, VI
Principal Investments: Investment grade bonds (62.2%), common stock (11.5%), real estate (4.2%), non investment grade bonds (3.6%), preferred stock (2.1%), cash (0.4%), other (15.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Assurant Inc
Investment Rating
AIZ
Company Address
260 Interstate North Circle, SE
Atlanta, GA 30339
Phone Number
(770) 763-1000
NAIC Number
42978
Largest Affiliates