Red Clay RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is excessive at 5.2% of capital. Good overall profitability index (5.2) despite operating losses during 2022 and the first six months of 2025. Return on equity has been good over the last five years, averaging 11.1%. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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:
Med mal (100.0%)
Licensed in:
SC
Principal Investments:
Common stock (49.3%), cash (30.1%), investment grade bonds (19.4%), other (1.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
701 East Bay Street
Charleston, SC 29403
Charleston, SC 29403
Phone Number
(843) 884-5902
NAIC Number
13078
Website
Largest Affiliates
No affiliate information available.