Affiliates Ins Recpl A RRG
Major Rating Factors:
Fair overall results on stability tests (2.9 on a scale of 0 to 10) including negative cash flow from operations for 2025. The largest net exposure for one risk is conservative at 1.1% of capital. Good overall profitability index (5.4) despite operating losses during 2022. Excellent expense controls. Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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.
Principal Lines of Business:
Med mal (68.6%), other (31.4%)
Licensed in:
VT
Principal Investments:
Common stock (59.2%), investment grade bonds (23.8%), cash (4.7%), non investment grade bonds (2.4%), preferred stock (0.4%), other (9.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
30 Main Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 658-9405
NAIC Number
13677
Website
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