D
American Hallmark Ins Co of TX
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
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Major Rating Factors: Poor long-term capitalization index (2.1 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the good range over the last two years. A history of deficient reserves (1.3) that places pressure on both capital and profits. In the last five years, reserves (two year development) fluctuated between 21.9% and 66.7% deficient. Weak overall results on stability tests (2.9) including weak results on operational trends and weak risk adjusted capital in prior years. The largest net exposure for one risk is high at 4.1% of capital.
Other Rating Factors: Fair profitability index (2.9) with operating losses during 2020, 2022, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -15.0%. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. G - Fast asset or premium growth. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (60.9%), comm multi (29.3%), fire (0.9%), homeowners (0.8%), product liab. (0.2%), other (7.9%)
Licensed in: All states except CA, DC, NH, SD, VT
Principal Investments: Investment grade bonds (44.8%), common stock (23.0%), cash (12.9%), preferred stock (2.8%), other (16.6%)
Ratios
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Investments in Affiliates
Corporate Info
Group Affiliation
Hallmark Financial Services Inc
Investment Rating
Company Address
Two Lincoln Centre
Dallas, TX 75240
Phone Number
(817) 348-1600
NAIC Number
43494
Largest Affiliates
D
Dallas, TX - P&C
D
C
Dallas, TX - P&C
E