Caregivers United Liab Ins Co
Major Rating Factors:
Good overall profitability index (6.2 on a scale of 0 to 10) despite operating losses during 2022. Return on equity has been fair, averaging 9.0% over the past five years. Good overall results on stability tests (5.4) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (8.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.5) that helps to protect the company against sharp claims increases. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
SC
Principal Investments:
Investment grade bonds (61.6%), common stock (29.5%), cash (8.9%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1064 Gardner Road
Charleston, SC 29407
Charleston, SC 29407
Phone Number
(843) 872-3301
NAIC Number
11544
Website
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Largest Affiliates
No affiliate information available.