Southwest Physicians RRG Inc
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2022. Weak overall results on stability tests (0.0) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is excessive at 31.5% of capital. History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
SC
Principal Investments:
Investment grade bonds (80.3%), cash (19.2%), other (0.5%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
146 Fairchild Street
Charleston, SC 29492
Charleston, SC 29492
Phone Number
(843) 614-3135
NAIC Number
12907
Website
Largest Affiliates
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