AEGIS Healthcare RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including excessive premium growth, weak risk diversification and weak results on operational trends. The largest net exposure for one risk is excessive at 7.9% of capital. Fair profitability index (2.9) with operating losses during 2022 and 2024. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. Excellent liquidity (7.9) 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:
Other (100%)
Licensed in:
DC
Principal Investments:
Cash (49.3%), common stock (28.1%), investment grade bonds (21.0%), other (1.6%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
4 Northe Park Drive
Hunt Valley, MD 21030
Hunt Valley, MD 21030
Phone Number
(443) 921-2585
NAIC Number
12252
Website
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Largest Affiliates
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