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EMCI (EMC Insurance Group) Altman Z-Score


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What is EMC Insurance Group Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


EMC Insurance Group Business Description

Traded in Other Exchanges
N/A
Address
717 Mulberry Street, Des Moines, IA, USA, 50309
EMC Insurance Group Inc is a United States based insurance provider that focusses on non-life insurance products. It derives significant revenues from its property and casualty insurance products, which it sells through its subsidiaries company. Its secondary source of revenue is its reinsurance segment. The group manages its reinsurance business through its subsidiary, EMC Reinsurance company, which sells commercial lines of property and casualty insurance products to small and medium-sized businesses.
Executives
Thomas W Booth other: Director-EMCC-Parent Company 2868 SHADOW LAKE ROAD, DES MOINES IA 80026
David O Narigon officer: Senior Vice President