B
Covington Specialty Ins Co
Atlanta,  GA
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.90
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
47.32%
Total
Assets
170.67M
Capital
62.91M
Net
Premiums
20.55M
Net
Income
1.69M
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Weiss Ratings Covington Specialty Ins Co
Atlanta, GA 		Click to
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Rating B
Capitalization Index 8.30
Investment Safety Index --
Liquidity Index 9.20
Profitability Index 6.20
Reserve Adequacy Index 6.90
Stability Index 4.10
Company Info Covington Specialty Ins Co
Atlanta, GA 		Click to
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Industry P&C
NAIC Number 13027
Phone Number (404) 231-2366
Website www.rsui.com
Address 945 East Paces Ferry Road, NE Atlanta, GA 30326
Balance Sheet Covington Specialty Ins Co
Atlanta, GA 		Click to
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Total Assets 170.67M
Capital and Reserves Covington Specialty Ins Co
Atlanta, GA 		Click to
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Risk-Adjusted Capital Ratio #1 2.90
Risk-Adjusted Capital Ratio #2 1.90
1-Year Reserve Development 90.00%
2-Year Reserve Development -1,900.00%
Capital 62.91M
Premium to Surplus 30.00%
Reserves to Surplus 20.00%
Investments Covington Specialty Ins Co
Atlanta, GA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Covington Specialty Ins Co
Atlanta, GA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 720.00%
Combined Ratio 70.00%
Expense Ratio 20.00%
Loss Ratio 47.32%
Net Premium Growth -1,020.00%
Other Medical Covington Specialty Ins Co
Atlanta, GA 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Covington Specialty Ins Co
Atlanta, GA 		Click to
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Net Income 1.69M
Net Premium 20.55M
Health Premium --