Kentucky Hospital Ins Co A RRG
Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including weak results on operational trends and weak risk diversification. The largest net exposure for one risk is acceptable at 2.9% of capital. Good overall profitability index (6.2) with operating gains in each of the last five years. Return on equity has been fair, averaging 5.5% over the past five years. Strong long-term capitalization index (8.5) 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. 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.
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 (64.5%), other (35.5%)
Licensed in:
KY
Principal Investments:
Investment grade bonds (73.1%), common stock (14.1%), cash (7.8%), other (5.0%)
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
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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
Largest Affiliates
No affiliate information available.