B
HlthCare Industry Liab Recpl
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: History of adequate reserve strength (5.6 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Fair overall results on stability tests (4.7) including. Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Excellent profitability index (8.2) with operating gains in each of the last five years. Excellent expense controls. Superior liquidity (10.0) 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: DC
Principal Investments: Investment grade bonds (80.7%), cash (17.7%), other (1.7%)
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
201 S. Main Street
Ann Arbor, MI 48104
Phone Number
(734) 996-2700
NAIC Number
11832
Largest Affiliates
No affiliate information available.