Sunland RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.0 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is excessive at 5.1% of capital. Good long-term capitalization index (6.9) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Good overall profitability index (5.1) despite operating losses during 2021.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent liquidity (8.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (78.5%), other (21.5%)
Licensed in:
TN
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
677 King Street
Charleston, SC 29403
Charleston, SC 29403
Phone Number
(843) 305-5383
NAIC Number
14026
Website
Largest Affiliates
No affiliate information available.