E
MEDAMERICA INS CO OF NEW YORK
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Rating E
Capitalization Index 4.00
Investment Safety Index 3.30
Liquidity Index 9.10
Profitability Index 1.40
Reserve Adequacy Index --
Stability Index 0.50
Company Info MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Industry L&A
NAIC Number 83437
Phone Number (585) 238-4351
Website www.medamericaltc.com
Address 165 Court Street Rochester, NY 14647
Balance Sheet MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Total Assets 1.19B
Capital and Reserves MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Risk-Adjusted Capital Ratio #1 0.88
Risk-Adjusted Capital Ratio #2 0.51
1-Year Reserve Development --
2-Year Reserve Development --
Capital 51.30M
Premium to Surplus --
Reserves to Surplus --
Investments MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Cash 0.00%
CMO & Structured Securities 0.85%
Common & Preferred Stock 12.46%
Invested Assets 1.17K
Investments in Affiliates 0.00%
Mortgages in Good Standing 3.21%
Non-Investment Grade Bonds 1.51%
Non-Performing Mortgages 0.00%
Other Investment Grade Bonds 68.34%
Other Investments 13.63%
Real Estate 0.00%
Operating Ratios MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Medical Loss Ratio --
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability MEDAMERICA INS CO OF NEW YORK
Rochester, NY
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Net Income -37.19M
Net Premium 42.20M
Health Premium --
Weiss Ratings