Saint Lukes Health System RRG
Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including weak results on operational trends. The largest net exposure for one risk is high at 4.4% of capital. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.5) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.3) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 18.3%. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
SC
Principal Investments:
Common stock (68.3%), cash (19.1%), other (12.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
44 Markfield Drive
Charleston, SC 29407
Charleston, SC 29407
Phone Number
(802) 371-2283
NAIC Number
11712
Website
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Largest Affiliates
No affiliate information available.