Med Mal RRG Inc
Major Rating Factors:
Weak overall results on stability tests (2.0 on a scale of 0 to 10) including weak risk adjusted capital in prior years, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is excessive at 8.9% of capital. Good long-term capitalization index (6.8) based on good current risk adjusted capital (moderate loss scenarios) reflecting significant improvement over results in 2023. Fair profitability index (3.4) with operating losses during 2021 and 2022.
Other Rating Factors:
History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.9) 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.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
TN
Principal Investments:
Investment grade bonds (41.9%), common stock (32.5%), cash (25.6%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
522 Brandies Circle
Murfreesboro, TN 37128
Murfreesboro, TN 37128
Phone Number
(615) 610-7010
NAIC Number
14446
Website
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