Cruden Bay RRG Inc
Major Rating Factors:
Fair profitability index (2.9 on a scale of 0 to 10) with operating losses during 2022 and 2023. Fair overall results on stability tests (3.1) including weak risk adjusted capital in prior years and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 8.6% of capital. Fair long-term capitalization index (4.9) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2023.
Other Rating Factors:
Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Ample reserve history (10.0) that helps to protect the company against sharp claims increases.
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 (99.4%), other (0.6%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (68.5%), common stock (18.9%), cash (0.8%), other (11.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
126 College Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 229-5042
NAIC Number
11676
Website
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Largest Affiliates
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