Formed in 1962 as an Association of 50 of the leading U.S. property and
casualty insurance companies in conjunction with the Export Import Bank to promote U.S.
exports through a credit insurance safety net. In 1992, FCIA became solely a private
entity. Its principal is Great American Insurance Company, founded in 1872 and based in
Cincinnati, Ohio.
FCIA POLICY TYPES
DOMESTIC
Single Buyer
Key Account
Multi-Buyer
$20,000 minimum premium
FOREIGN CREDIT
Multi-Buyer "Pay as You Go" (95% coverage)
Multi-Buyer Country Limits (90% coverage, non-cancelable,
premium paid up front). No claims bonus.
Single Buyer (90% coverage)
Contract Frustration
Political Only
GREAT AMERICAN INSURANCE
COMPANY |
(American Financial Ins Grp)
580 Walnut St
Cincinnati, OH 45202
(513) 369-5000
Carl H Lindner III, Pres.
Stock Company. Comm. Bus.
1872
Domiciled in OH. Licensed in DC & All Sates. Also CN. |
Total
Admitted
Assets
($000) |
Policyholder
Surplus
($000) |
Combined
Ratio |
$ 3,860,493 |
$ 993,846 |
111.1% |
Non-investment grade bonds to surplus: 15.5%
Affiliated investments to surplus: 129.4% |
NAIC # 16691 |
Ratings |
S&P's
A+ |
Duff
& Phelps
AA- |
Moody's
A3 |
Demotech |
Others |