Medical Alliance Ins Co (IL)
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Weak overall results on stability tests (2.6) including weak risk diversification and negative cash flow from operations for 2024. Strong long-term capitalization index (9.0) 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). Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
IL
Principal Investments:
Investment grade bonds (69.2%), cash (26.4%), other (4.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1151 East Warrenville Road
Naperville, IL 60563
Naperville, IL 60563
Phone Number
(630) 276-5400
NAIC Number
11861
Largest Affiliates
No affiliate information available.