| Weiss Ratings |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Capitalization Index | 7.40 | |||
| Investment Safety Index | -- | |||
| Liquidity Index | 6.60 | |||
| Profitability Index | 4.30 | |||
| Reserve Adequacy Index | 9.60 | |||
| Stability Index | 7.30 | |||
| Company Info |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Industry | P&C | |||
| NAIC Number | 14164 | |||
| Phone Number | (207) 791-3300 | |||
| Website | www.memic.com | |||
| Address | 261 Commercial Street Portland, ME 04101 | |||
| Balance Sheet |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 197.55M | |||
| Capital and Reserves |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Risk-Adjusted Capital Ratio #1 | 1.89 | |||
| Risk-Adjusted Capital Ratio #2 | 1.46 | |||
| 1-Year Reserve Development | -15.77% | |||
| 2-Year Reserve Development | -32.16% | |||
| Capital | 59.56M | |||
| Premium to Surplus | 99.83% | |||
| Reserves to Surplus | 161.98% | |||
| Investments |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Cash | -- | |||
| CMO & Structured Securities | -- | |||
| Common & Preferred Stock | -- | |||
| Invested Assets | -- | |||
| Investments in Affiliates | -- | |||
| Mortgages in Good Standing | -- | |||
| Non-Investment Grade Bonds | -- | |||
| Non-Performing Mortgages | -- | |||
| Other Investment Grade Bonds | -- | |||
| Other Investments | -- | |||
| Real Estate | -- | |||
| Operating Ratios |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Medical Loss Ratio | -- | |||
| Cash From Underwriting | 104.06% | |||
| Combined Ratio | 96.01% | |||
| Expense Ratio | 30.30% | |||
| Loss Ratio | 65.72% | |||
| Net Premium Growth | 10.82% | |||
| Other Medical |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Bonus Pay | -- | |||
| Capitation Pay | -- | |||
| Contractual Pay | -- | |||
| Enrollment | -- | |||
| Fee For Service | -- | |||
| Medical Expense Per Member Per Month | -- | |||
| Network Physicians | -- | |||
| Other Pay | -- | |||
| Salary Pay | -- | |||
| Total Patient Encounters - Physician | -- | |||
| Total Patient Encounters-Non-Physician | -- | |||
| Profitability |
MEMIC Casualty Co
Portland, ME |
Click to Compare |
Click to Compare |
Click to Compare |
| Net Income | 5.40M | |||
| Net Premium | 59.46M | |||
| Health Premium | -- | |||