PELICAN Ins (A Reciprocal RRG)

Burlington, VT

Rating Date

June 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

0.30

Risk Adjusted
Capital Ratio #2

0.10

Loss
Ratio

209.75%

Total
Assets

14.09M

Capital

5.39M

Net
Premiums

1.83M

Net
Income

-293.20K

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Weiss Ratings	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
Rating	E
Capitalization Index	0.30
Investment Safety Index	--
Liquidity Index	7.00
Profitability Index	1.90
Reserve Adequacy Index	3.70
Stability Index	0.00

Company Info	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	11587
Phone Number	(717) 526-1010
Website	www.pacounties.org/Insurance/PELICAN
Address	30 Main Street Burlington, VT 05401

Balance Sheet	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
Total Assets	14.09M

Capital and Reserves	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	0.30
Risk-Adjusted Capital Ratio #2	0.10
1-Year Reserve Development	3,900.00%
2-Year Reserve Development	3,230.00%
Capital	5.39M
Premium to Surplus	30.00%
Reserves to Surplus	100.00%

Investments	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
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	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	40.00%
Combined Ratio	280.00%
Expense Ratio	70.00%
Loss Ratio	209.75%
Net Premium Growth	-40.00%

Other Medical	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
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	PELICAN Ins (A Reciprocal RRG) Burlington, VT	Click to Compare	Click to Compare	Click to Compare
Net Income	-293.20K
Net Premium	1.83M
Health Premium	--