NEWS:

Demotech Reaffirms ATG's High Financial Stability Rating in 2021

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

"ATG is among only a few regional companies to obtain and maintain such a high rating," said Peter Birnbaum, ATG's President and CEO. "Our insureds receive the highest level of financial protection, equal to that of some of the largest underwriters in the United States. 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."

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.

In affirming the rating, Demotech cites the company’s surplus and stability. “Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, insurers earning a FSR of A' (A Prime) possess unsurpassed financial stability,” Demotech stated.

[Last update: 4-22-21]

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