Development
D
WORTH INSURANCE CO
Rating Date
December 2023
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: Weak overall results on stability tests (0.9) including weak results on operational trends, weak risk diversification and lack of operational experience.
Other Rating Factors: Fair profitability index (4.9). Excellent expense controls. 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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. E - Lack of operating experience. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (100.0%)
Licensed in: --
Principal Investments: Cash (100.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
Net Premium Growth
--
Investments in Affiliates
Corporate Info
Group Affiliation
Agricultural Workers Mutual Auto Ins
Investment Rating
--
Company Address
5500 Lower Birdville Road
FORT WORTH, TX 76117
Phone Number
(414) 369-5033
NAIC Number
17257
Largest Affiliates