The Trusted Adviser
August 2021 | Volume 14 · Number 5


Demotech Reaffirms ATG's High Financial Stability Rating® in August 2021

Demotech, Inc., an independent financial analysis firm, again affirmed our Financial Stability Rating® (FSR) of A' (A Prime), Unsurpassed. This is the highest rating given to any regional title insurer in the United States, a status ATG has maintained since 1995.

"Our insureds receive the highest level of financial protection, equal to that of some of the largest underwriters in the United States," said Peter Birnbaum, ATG's President and CEO. "ATG is among only a few regional companies to obtain and maintain such a high rating. We are proud of this achievement and owe it to consistent and effective management practices, loyalty from our customer base, and low overall claims experience," he added.

Demotech bases its decision on data that includes total current assets, total current liabilities, working capital, total revenue, receivables, administrative expenses, total assets, total liabilities, surplus, net income, total expenses, and leverage ratios. They have six rating categories with only A Double Prime Unsurpassed higher than the rating accorded to ATG.

Financial Stability Ratings® Definitions

Financial Stability Rating® (FSR): "A Financial Stability Rating® summarizes our opinion as to the insurer's ability to insulate itself from the business cycle that exists in the general economy as well as the underwriting cycle that exists in the insurance industry. Thus, an FSR summarizes our opinion as to the relative ability of an insurer to survive a downturn in general economic conditions as well as a downturn in the underwriting cycle."

A' (A Prime), Unsurpassed: "Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, insurers earning a Financial Stability Rating® of A' (A Prime) possess Unsurpassed financial stability related to maintaining surplus as regards policyholders at an acceptable level.Demotech cites the company’s surplus and stability."

[Last update: 8-23-21]

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