Major Rating Factors:
Fair reserve development (4.8 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.1) including excessive premium growth. Weak profitability index (2.4) with operating losses during 2021, 2023 and 2024.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
AL, DE, GA, KY, LA, SC, TN
Principal Investments:
Cash (95.2%), other (4.8%)
Corporate Info
Group Affiliation
AssuranceAmerica Corporation
Investment Rating
--
Company Address
100 Galleria Pkwy
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(770) 952-0200 6166
NAIC Number
24937
Website
Largest Affiliates