| Weiss Ratings |
MEMIC Indemnity Co
Portland, ME |
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| Rating | ||||
| Capitalization Index | 7.60 | |||
| Investment Safety Index | -- | |||
| Liquidity Index | 6.60 | |||
| Profitability Index | 5.20 | |||
| Reserve Adequacy Index | 9.60 | |||
| Stability Index | 8.30 | |||
| Company Info |
MEMIC Indemnity Co
Portland, ME |
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| Industry | P&C | |||
| NAIC Number | 11030 | |||
| Phone Number | (207) 791-3300 | |||
| Website | www.memic.com | |||
| Address | 261 Commercial Street Portland, ME 04101 | |||
| Balance Sheet |
MEMIC Indemnity Co
Portland, ME |
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| Total Assets | 669.24M | |||
| Capital and Reserves |
MEMIC Indemnity Co
Portland, ME |
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| Risk-Adjusted Capital Ratio #1 | 1.91 | |||
| Risk-Adjusted Capital Ratio #2 | 1.46 | |||
| 1-Year Reserve Development | -14.66% | |||
| 2-Year Reserve Development | -32.58% | |||
| Capital | 202.26M | |||
| Premium to Surplus | 96.39% | |||
| Reserves to Surplus | 160.13% | |||
| Investments |
MEMIC Indemnity Co
Portland, ME |
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| Cash | -- | |||
| CMO & Structured Securities | -- | |||
| Common & Preferred Stock | -- | |||
| Invested Assets | -- | |||
| Investments in Affiliates | -- | |||
| Mortgages in Good Standing | -- | |||
| Non-Investment Grade Bonds | -- | |||
| Non-Performing Mortgages | -- | |||
| Other Investment Grade Bonds | -- | |||
| Other Investments | -- | |||
| Real Estate | -- | |||
| Operating Ratios |
MEMIC Indemnity Co
Portland, ME |
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| Medical Loss Ratio | -- | |||
| Cash From Underwriting | 98.31% | |||
| Combined Ratio | 102.79% | |||
| Expense Ratio | 32.31% | |||
| Loss Ratio | 70.47% | |||
| Net Premium Growth | 6.79% | |||
| Other Medical |
MEMIC Indemnity Co
Portland, ME |
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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 |
MEMIC Indemnity Co
Portland, ME |
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| Net Income | 9.04M | |||
| Net Premium | 194.96M | |||
| Health Premium | -- | |||