C
Palmetto Surety Corp
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.73
Risk Adjusted
Capital Ratio #2
0.64
Loss
Ratio
13.50%
Total
Assets
31.41M
Capital
11.82M
Net
Premiums
18.46M
Net
Income
1.07M
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Weiss Ratings Palmetto Surety Corp
Mount Pleasant, SC 		Click to
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Rating C
Capitalization Index 4.00
Investment Safety Index --
Liquidity Index 7.30
Profitability Index 4.50
Reserve Adequacy Index 9.60
Stability Index 3.20
Company Info Palmetto Surety Corp
Mount Pleasant, SC 		Click to
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Industry P&C
NAIC Number 13121
Phone Number (843) 971-5441
Website www.palmettosurety.com
Address 75 Port City Landing Mount Pleasant, SC 29464
Balance Sheet Palmetto Surety Corp
Mount Pleasant, SC 		Click to
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Total Assets 31.41M
Capital and Reserves Palmetto Surety Corp
Mount Pleasant, SC 		Click to
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Risk-Adjusted Capital Ratio #1 0.73
Risk-Adjusted Capital Ratio #2 0.64
1-Year Reserve Development -17.19%
2-Year Reserve Development -23.49%
Capital 11.82M
Premium to Surplus 156.19%
Reserves to Surplus 40.72%
Investments Palmetto Surety Corp
Mount Pleasant, SC 		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 Palmetto Surety Corp
Mount Pleasant, SC 		Click to
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Medical Loss Ratio --
Cash From Underwriting 105.94%
Combined Ratio 96.21%
Expense Ratio 82.71%
Loss Ratio 13.50%
Net Premium Growth -4.14%
Other Medical Palmetto Surety Corp
Mount Pleasant, SC 		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 Palmetto Surety Corp
Mount Pleasant, SC 		Click to
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Net Income 1.07M
Net Premium 18.46M
Health Premium --