Ascendant Commercial Ins Inc

Coral Gables, FL

Rating Date

November 2024

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.10

Risk Adjusted
Capital Ratio #2

0.70

Loss
Ratio

72.45%

Total
Assets

161.90M

Capital

22.08M

Net
Premiums

40.51M

Net
Income

1.38M

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Weiss Ratings	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	4.60
Investment Safety Index	--
Liquidity Index	9.30
Profitability Index	4.40
Reserve Adequacy Index	3.80
Stability Index	4.60

Company Info	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	13683
Phone Number	(305) 820-4360
Website	www.acicompanies.com
Address	2199 Ponce de Leon Boulevard Coral Gables, FL 33134

Balance Sheet	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Total Assets	161.90M

Capital and Reserves	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.10
Risk-Adjusted Capital Ratio #2	0.70
1-Year Reserve Development	940.00%
2-Year Reserve Development	1,430.00%
Capital	22.08M
Premium to Surplus	210.00%
Reserves to Surplus	260.00%

Investments	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	--
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	110.00%
Combined Ratio	100.00%
Expense Ratio	30.00%
Loss Ratio	72.45%
Net Premium Growth	10.00%

Other Medical	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	Ascendant Commercial Ins Inc Coral Gables, FL	Click to Compare	Click to Compare	Click to Compare
Net Income	1.38M
Net Premium	40.51M
Health Premium	--