D
Bedford Physicians RRG Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Poor long-term capitalization index (1.8 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios). Fair overall results on stability tests (4.0) including weak risk adjusted capital in prior years and negative cash flow from operations for 2024. The largest net exposure for one risk is excessive at 5.8% of capital. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level.
Other Rating Factors: Good overall profitability index (5.1) despite operating losses during 2020. Excellent expense controls. Superior liquidity (9.1) with ample operational cash flow and liquid investments.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Reinsurance (100.0%)
Licensed in: VT
Principal Investments: Cash (50.9%), investment grade bonds (43.8%), common stock (5.2%)
Ratios
Premium to Surplus
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
UNH
Company Address
38 Eastwood Drive
South Burlington, VT 05403
Phone Number
(802) 658-9466
NAIC Number
12933
Largest Affiliates
No affiliate information available.