Sigma RRG Inc
Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the good range during the last year. Weak overall results on stability tests (2.3) including weak results on operational trends and negative cash flow from operations for 2024. The largest net exposure for one risk is excessive at 9.2% of capital. Good overall profitability index (5.5) despite operating losses during 2020, 2021 and 2022. Return on equity has been fair, averaging 5.0% over the past five years.
Other Rating Factors:
Ample reserve history (8.4) that helps to protect the company against sharp claims increases. 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:
Med mal (100.0%)
Licensed in:
DC
Principal Investments:
Investment grade bonds (88.0%), cash (4.4%), other (7.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
c/o Aon Risk Services, Inc.
Washington, DC 20006
Washington, DC 20006
Phone Number
(202) 862-5339
NAIC Number
13557
Website
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Largest Affiliates
No affiliate information available.