D
CLEAR SPRING P&C CO
ChicagoIL
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings CLEAR SPRING P&C CO
Chicago, IL
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Rating D
Capitalization Index 6.60
Investment Safety Index --
Liquidity Index 7.00
Profitability Index 2.00
Reserve Adequacy Index 7.10
Stability Index 1.10
Company Info CLEAR SPRING P&C CO
Chicago, IL
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Industry P&C
NAIC Number 15563
Phone Number (212) 790-9817
Website clearspringinsurance.com
Address 1999 Bryan Street Suite 900 Chicago, IL 75201
Balance Sheet CLEAR SPRING P&C CO
Chicago, IL
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Total Assets 624.36M
Capital and Reserves CLEAR SPRING P&C CO
Chicago, IL
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Risk-Adjusted Capital Ratio #1 1.08
Risk-Adjusted Capital Ratio #2 0.95
1-Year Reserve Development -4.20%
2-Year Reserve Development -60.30%
Capital 201.17M
Premium to Surplus 15.20%
Reserves to Surplus 24.40%
Investments CLEAR SPRING P&C CO
Chicago, IL
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 39.20%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios CLEAR SPRING P&C CO
Chicago, IL
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Medical Loss Ratio --
Cash From Underwriting 42.30%
Combined Ratio 116.70%
Expense Ratio 71.30%
Loss Ratio 45.40%
Net Premium Growth -24.60%
Other Medical CLEAR SPRING P&C CO
Chicago, IL
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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 CLEAR SPRING P&C CO
Chicago, IL
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Net Income 1.76M
Net Premium 30.61M
Health Premium --
Weiss Ratings