Mountain Lake RRG Inc
Major Rating Factors:
A history of deficient reserves (2.7 on a scale of 0 to 10). Underreserving can have an adverse impact on capital and profits. In 2024 and 2023 the two year reserve development was 39.9% and 51.6% deficient respectively. Weak overall results on stability tests (1.2) including weak risk diversification, weak results on operational trends and negative cash flow from operations for 2025. Fair long-term capitalization index (4.1) based on fair current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Other Rating Factors:
Fair profitability index (2.9) with operating losses during 2022 and 2023. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
VT
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 862-4400
NAIC Number
13812
Website
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