Missouri Doctors Mutual Ins Co
Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (1.5) that places pressure on both capital and profits. The one year reserve development was deficient in three of the last five years by between 1,060.9% and 2,392.2%. Weak profitability index (0.1) with operating losses during 2023. Average return on equity over the last five years has been poor at -56.2%.
Other Rating Factors:
Vulnerable liquidity (0.1) as a spike in claims may stretch capacity. Weak overall results on stability tests (0.4) including weak risk adjusted capital in prior years, weak risk diversification and weak results on operational trends.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
MO
Principal Investments:
Real estate (13.1%), cash (7.2%), other (79.7%)
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
601 Francis Street
Saint Joseph, MO 64501
Saint Joseph, MO 64501
Phone Number
(816) 901-9950
NAIC Number
11964
Website
Largest Affiliates
No affiliate information available.