Sunland RRG Inc
Major Rating Factors:
Poor long-term capitalization index (2.5 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Weak overall results on stability tests (0.9) including weak results on operational trends, weak risk diversification and fair risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 20.6% of capital. Good overall profitability index (5.1) despite operating losses during 2021. Return on equity has been good over the last five years, averaging 16.8%.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Superior liquidity (9.5) 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.
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.