Integon National Ins Co
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been fair, averaging 12.7% over the past five years. Weak overall results on stability tests (1.8) including excessive premium growth. The largest net exposure for one risk is excessive at 15.9% of capital. Fair reserve development (4.1) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Good liquidity (5.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (71.2%), homeowners (9.5%), comm multi (5.3%), fire (0.6%), farmowners (0.4%), other (13.0%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (64.9%), common stock (16.9%), non investment grade bonds (6.8%), other (11.4%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
450 W. Hanes Mill Road
Winston-Salem, NC 27105
Winston-Salem, NC 27105
Phone Number
(336) 435-2000
NAIC Number
29742
Website
Largest Affiliates