B
The Healthcare Undrwtg Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (4.6 on a scale of 0 to 10) including weak risk adjusted capital in prior years and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 5.9% of capital. History of adequate reserve strength (5.4) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020.
Other Rating Factors: Excellent profitability index (7.7). Excellent expense controls. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors: F - Negative cash flow.
Principal Lines of Business: Med mal (100.0%)
Licensed in: VT
Principal Investments: Investment grade bonds (88.7%), cash (11.3%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
THC
Company Address
463 Mountain View Drive
Colchester, VT 05446
Phone Number
(802) 864-5599
NAIC Number
10152
Largest Affiliates
No affiliate information available.