P&S Ins RRG Inc
Major Rating Factors:
Poor long-term capitalization index (2.3 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Weak overall results on stability tests (0.0) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2024. The largest net exposure for one risk is excessive at 121.3% of capital. Fair profitability index (3.2) with operating losses during 2024 and the first six months of 2025. Return on equity has been fair, averaging 21.0% over the past five years.
Other Rating Factors:
History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level. Superior liquidity (9.0) 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.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
SC
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
146 Fairchild Street
Charleston, SC 29492
Charleston, SC 29492
Phone Number
(843) 614-3135
NAIC Number
15583
Website
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Largest Affiliates
No affiliate information available.