Excela Reciprocal RRG
Major Rating Factors:
Poor long-term capitalization index (2.9 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). Weak overall results on stability tests (2.8) including weak risk adjusted capital in prior years, excessive premium growth and weak risk diversification. Vulnerable liquidity (3.0) as a spike in claims may stretch capacity.
Other Rating Factors:
History of adequate reserve strength (5.2) as reserves have been consistently at an acceptable level. Excellent profitability index (8.4). Excellent expense controls.
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 (97.0%), other (3.0%)
Licensed in:
VT
Principal Investments:
Cash (15.5%), other (84.5%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
463 Mountain View Drive
Colchester, VT 05446
Colchester, VT 05446
Phone Number
(802) 864-5599
NAIC Number
15337
Website
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Largest Affiliates
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