Crystal Run Reciprocal RRG
Major Rating Factors:
Weak profitability index (2.2 on a scale of 0 to 10) with operating losses during 2020 and 2023. Weak overall results on stability tests (2.1) including weak risk adjusted capital in prior years, weak risk diversification and negative cash flow from operations for 2025. Good long-term capitalization index (5.3) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2020.
Other Rating Factors:
Fair reserve development (5.0) as reserves have generally been sufficient to cover claims. Superior liquidity (9.3) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
(No states)
Principal Investments:
Cash (53.3%), common stock (28.5%), other (18.2%)
Corporate Info
Group Affiliation
Crystal Run Reciprocal Risk Retention Group
Investment Rating
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Company Address
159 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 860-1958
NAIC Number
13655
Website
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Largest Affiliates
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