St Lukes Hlth Ntwrk Ins Co
Major Rating Factors:
Good overall results on stability tests (5.5 on a scale of 0 to 10) despite fair risk adjusted capital in prior years. Stability strengths include excellent operational trends and good risk diversification. The largest net exposure for one risk is acceptable at 2.2% of capital. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2022. Ample reserve history (9.6) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.4) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been good over the last five years, averaging 11.2%. Excellent liquidity (7.6) 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 (96.8%), other (3.2%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (91.8%), common stock (5.8%), cash (1.2%), other (1.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 264-4710
NAIC Number
11688
Website
--
Largest Affiliates
No affiliate information available.