OASIS Reciprocal RRG
Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is excessive at 11.5% of capital. Good long-term capitalization index (6.3) based on good current risk adjusted capital (severe loss scenarios). Moreover, capital levels have been consistent over the last several years. Ample reserve history (10.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (9.6) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 32.0%. Superior liquidity (9.5) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (51.1%), cash (41.1%), common stock (7.8%)
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
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
27 Main Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 227-7730
NAIC Number
13644
Website
Largest Affiliates
No affiliate information available.