Red Clay RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.5 on a scale of 0 to 10) including weak risk diversification and negative cash flow from operations for 2025. The largest net exposure for one risk is high at 4.6% of capital. Good profitability index (5.0) with operating losses during 2022. 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.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
SC
Principal Investments:
Common stock (52.6%), investment grade bonds (28.2%), cash (16.2%), other (2.9%)
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
There are no affiliate to display.