Major Rating Factors:
Fair reserve development (4.3 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.3) with operating losses during 2021, 2023 and 2024. Good overall results on stability tests (5.7) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. 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.
Principal Lines of Business:
Med mal (61.9%), other (38.1%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (68.8%), cash (28.0%), other (3.2%)
Corporate Info
Group Affiliation
Medical Professional Mutual Ins Co
Investment Rating
--
Company Address
One Financial Center
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 330-1755
NAIC Number
10638
Website
Largest Affiliates