Positive Physicians Ins Co
Major Rating Factors:
Good long-term capitalization index (6.9 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Fair reserve development (3.2) as the level of reserves has at times been insufficient to cover claims. In four of the last five years reserves (two year development) were between 16.0% and 19.7% deficient. Fair profitability index (3.2) with operating losses during 2021, 2022, 2023 and 2025.
Other Rating Factors:
Fair overall results on stability tests (4.8) including negative cash flow from operations for 2025. The largest net exposure for one risk is conservative at 1.8% of capital. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
DE, FL, GA, MA, MD, MI, MO, NC, NH, NJ, NV, OH, PA, RI, SC, TX
Principal Investments:
Investment grade bonds (92.9%), cash (2.9%), common stock (0.6%), other (3.5%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
40 Monument Road
Bala Cynwyd, PA 19004
Bala Cynwyd, PA 19004
Phone Number
(610) 644-5262
NAIC Number
11863
Largest Affiliates
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