Aspen American Ins Co
Major Rating Factors:
Good long-term capitalization index (6.7 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level. Good overall profitability index (6.1) despite operating losses during 2022.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.8) despite. Stability strengths include good historical capital adequacy and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (7.1%), med mal (2.7%), personal/comm auto (1.2%), homeowners (0.7%), work comp (0.3%), other (88.0%)
Licensed in:
All states and GU, PR, VI
Principal Investments:
Investment grade bonds (63.1%), common stock (24.7%), cash (4.5%), non investment grade bonds (2.2%), other (5.5%)
Corporate Info
Group Affiliation
Apollo Global Management Inc
Investment Rating
Company Address
400 Capital Boulevard
Rocky Hill, CT 06067
Rocky Hill, CT 06067
Phone Number
(860) 393-2230
NAIC Number
43460
Website
Largest Affiliates