NEWS:

Demotech Reaffirms ATG's High Financial Stability Rating® in May 2022

Demotech, Inc., an independent financial analysis firm, again affirmed our Financial Stability Rating® (FSR) of A' (A Prime), Unsurpassed.

This rating is the highest given to any regional title insurer in the United States, a status ATG has maintained since 1995.

"Maintaining this high financial stability rating for 27 years is an achievement we are proud of," said Peter Birnbaum, ATG's President and CEO. "ATG offers insureds the highest level of financial protection, the same as some of the largest title insurance underwriters in the country. We are among only a few regional companies to obtain and maintain such a high rating. We owe this achievement to diligent 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: 6-16-22]