OASIS Reciprocal RRG
Major Rating Factors:
Fair overall results on stability tests (3.2 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 8.3% of capital. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022. Ample reserve history (10.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (9.6). Excellent liquidity (8.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (50.1%), cash (36.2%), common stock (12.0%), non investment grade bonds (1.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
27 Main Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 342-7534
NAIC Number
13644
Website
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