DAN RRG Inc
Major Rating Factors:
Poor long-term capitalization index (0.5 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (1.6) that places pressure on both capital and profits. In 2024 the two year reserve development was 83.0% deficient. Weak overall results on stability tests (2.2) including weak risk adjusted capital in prior years and weak risk diversification. The largest net exposure for one risk is excessive at 13.5% of capital.
Other Rating Factors:
Excellent profitability index (8.6) with operating gains in each of the last five years. Excellent expense controls. Excellent 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
SC
Principal Investments:
Investment grade bonds (48.8%), cash (32.5%), other (18.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
115 Central Island Street
Charleston, SC 29492
Charleston, SC 29492
Phone Number
(843) 573-4676
NAIC Number
15928
Website
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Largest Affiliates
No affiliate information available.