Emergency Cap Mgmt LLC A RRG
Major Rating Factors:
Good long-term capitalization index (5.6 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range over the last two years. Fair reserve development (3.2) as the level of reserves has at times been insufficient to cover claims. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 19.2% and 29.2%. Fair profitability index (3.7) with operating losses during 2021, 2022 and 2024.
Other Rating Factors:
Fair overall results on stability tests (4.5) including fair risk adjusted capital in prior years and excessive premium growth. The largest net exposure for one risk is excessive at 6.2% of capital. Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (82.8%), common stock (9.4%), cash (6.9%), other (0.9%)
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
14163
Website
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