Medicus Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.9) including excessive premium growth. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 2.3% over the past five years.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. 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.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
All states except AK, CT, MA, ME, MI, NH, NJ, NM, NY, RI, TN, VT, WI
Principal Investments:
Investment grade bonds (86.8%), other (13.2%)
Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
Company Address
100 Sterling Parkway
Mechanicsburg, PA 17050
Mechanicsburg, PA 17050
Phone Number
(844) 466-7225
NAIC Number
12754
Website
Largest Affiliates