Mountain Lake RRG Inc
Major Rating Factors:
Poor long-term capitalization index (2.8 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the good range over the last two years. A history of deficient reserves (2.1) that places pressure on both capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 16.4% and 51.6%. Weak overall results on stability tests (1.1) including weak risk diversification, weak results on operational trends and weak risk adjusted capital in prior years.
Other Rating Factors:
Fair profitability index (2.9) with operating losses during 2022, 2023 and the first six months of 2025. Average return on equity over the last five years has been poor at -6.7%. Superior liquidity (9.1) 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.
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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Largest Affiliates
No affiliate information available.