Kentucky Hospital Ins Co A RRG
Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is acceptable at 2.6% of capital. Good overall profitability index (6.7). Strong long-term capitalization index (8.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent liquidity (8.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
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 (63.0%), other (37.0%)
Licensed in:
KY
Principal Investments:
Investment grade bonds (74.8%), common stock (16.6%), cash (1.5%), other (7.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2501 Nelson Miller Parkway
Louisville, KY 40223
Louisville, KY 40223
Phone Number
(502) 426-6220
NAIC Number
11939
Website
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