• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

AM Best Affirms Credit Ratings for Members of Ally Insurance Group

By: AM Best via Business Wire
September 19, 2025 at 09:16 AM EDT

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Ally Insurance Group (Ally Insurance). The members include Motors Insurance Corporation and its reinsured subsidiaries, MIC Property and Casualty Insurance Corporation and CIM Insurance Corporation, as well as an affiliate, Ally International Insurance Company Ltd. (AIICL). All companies are domiciled in Detroit, MI, except AIICL, which is domiciled in Bermuda. The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Ally Insurance’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

Ally Insurance’s balance sheet strength assessment is supported by its strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and reflects its modest underwriting leverage, embedded economic equity in its unearned premium reserves, as well as its moderate investment risk profile. The group’s history of large dividend payments to its ultimate parent, Ally Financial Inc. [NYSE: ALLY], has not impacted surplus growth over the most recent five-year period as its earnings capacity remains solid through disciplined underwriting and a steady stream of investment income on its growing invested asset base.

The group’s operating performance remains adequate, although negatively impacted in 2024 and in the first half of 2025 by weather-related losses in its auto physical damage line of business. Weather-related losses had a large impact in the first half of 2025 due to elevated hail activity damaging higher vehicle inventory levels. In addition, the group’s guaranteed asset protection (GAP) product experienced an increase in losses year over year, driven by used vehicle value normalization and the continued impact of the macroeconomic challenges facing the auto industry. These factors were offset partially by reinsurance mitigation of weather exposure, which typically impacts the first half of the year, and significant top-line growth in 2024 and through the second quarter of 2025, driven by rate increases, exposure growth, and through enhanced collaboration with Auto Finance. Overall earnings also continue to benefit from solid growth in net investment income during this time.

The group’s neutral business profile is supported by its well-established presence as a specialized writer of vehicle service contracts and GAP products throughout the United States and Canada and is also a leading provider of selected commercial insurance coverages, primarily auto physical damage for dealers’ vehicle inventory throughout the United States. Ally Insurance also benefits from its leading innovative processes aligned with its ultimate parent, which have led to strategic partnerships, and its appropriate risk management capabilities.

The stable outlooks reflect AM Best’s expectation that the group will maintain a balance sheet assessment in the strongest range over the intermediate term with adequate operating results contributing to surplus growth needed to support its growing book of business.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250919437165/en/

Contacts

Vicky Riggs

Associate Director

+1 908 882 2273

vicky.riggs@ambest.com



Sharon Marks

Director

+1 908 882 2092

sharon.marks@ambest.com



Christopher Sharkey

Associate Director, Public Relations

+1 908 882 2310

christopher.sharkey@ambest.com



Al Slavin

Senior Public Relations Specialist

+1 908 882 2318

al.slavin@ambest.com

More News

View More
This AI Chip Giant Could Be the Market’s Next Big Winner
October 17, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers AMD TSM
Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock
October 17, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers AMD AVGO NVDA
Institutions Are Fueling CrowdStrike’s Next Leg Higher
October 17, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers CRWD DDOG ZS
Microsoft & NVIDIA Unveil GB300 Supercomputer as AI Race Heats Up
October 17, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers AMZN MSFT NVDA
This Less-Hyped Tech Stock Could Be the Key to the Next AI Wave
October 17, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers AMD ASML NVDA

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.04
-1.43 (-0.67%)
AAPL  252.29
+4.84 (1.96%)
AMD  233.08
-1.48 (-0.63%)
BAC  51.28
+0.84 (1.67%)
GOOG  253.79
+1.91 (0.76%)
META  716.91
+4.84 (0.68%)
MSFT  513.58
+1.97 (0.39%)
NVDA  183.16
+1.35 (0.74%)
ORCL  291.31
-21.69 (-6.93%)
TSLA  439.31
+10.56 (2.46%)
FinancialContent
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap