CrossFit RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10) including weak risk adjusted capital in prior years, weak risk diversification and negative cash flow from operations for 2024. The largest net exposure for one risk is high at 3.2% of capital. Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020. Ample reserve history (8.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.5) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 14.6%. Excellent liquidity (7.0) 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:
Other (100%)
Licensed in:
MT
Principal Investments:
Investment grade bonds (77.9%), cash (6.7%), other (15.5%)
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
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Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
111 North Sepulveda Boulevard
Manhattan Beach, CA 90266
Manhattan Beach, CA 90266
Phone Number
(310) 937-2007
NAIC Number
13720
Website
Largest Affiliates
No affiliate information available.