Demotech Assigns Financial Stability Rating of A to Allied Trust

Texas-based Allied Trust Insurance Co. has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech Inc.

This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing, according to Demotech.

Allied Trust Insurance Co. (ATI) was formed in 2015 as an admitted, Texas domiciled personal lines insurance company that will begin providing a bundled offering of homeowners, auto, flood, and umbrella insurance in early 2016.

Demotech Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.

Source: Demotech