B
Preferra Ins Co RRG
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Major Rating Factors: Fair overall results on stability tests (4.8 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.9% of capital. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (8.7) with operating gains in each of the last five years. Excellent liquidity (8.6) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: DC
Principal Investments: Investment grade bonds (86.1%), common stock (5.2%), cash (2.8%), other (5.9%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
47 East All Saints Street
Frederick, MD 21701
Phone Number
(301) 668-4274
NAIC Number
14366
Largest Affiliates
No affiliate information available.