PACE RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 9.8% of capital. Good long-term capitalization index (6.4) based on good current risk adjusted capital (moderate loss scenarios) reflecting significant improvement over results in 2021. Fair profitability index (4.9) with operating losses during 2022, 2023 and 2024.
Other Rating Factors:
History of adequate reserve strength (6.5) as reserves have been consistently at an acceptable level. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (93.6%), other (6.4%)
Licensed in:
VT
Principal Investments:
Common stock (30.5%), other (69.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 264-0734
NAIC Number
11575
Website
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Largest Affiliates
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