BAR Vermont RRG Inc
Major Rating Factors:
Good overall profitability index (5.6 on a scale of 0 to 10) despite operating losses during 2022. Return on equity has been fair, averaging 9.3% over the past five years. Fair overall results on stability tests (4.8) including. The largest net exposure for one risk is excessive at 5.5% of capital. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
VT
Principal Investments:
Common stock (81.5%), cash (14.9%), other (3.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 862-4400
NAIC Number
10174
Website
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Largest Affiliates
No affiliate information available.