DAN RRG Inc
Major Rating Factors:
Poor long-term capitalization index (0.1 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (1.9) that places pressure on both capital and profits. In 2024 and 2023 the one year reserve development was 28.3% and 67.4% deficient respectively. Weak overall results on stability tests (0.7) including weak risk adjusted capital in prior years and weak risk diversification. The largest net exposure for one risk is excessive at 23.1% of capital.
Other Rating Factors:
Excellent profitability index (7.9). Excellent expense controls. Excellent liquidity (8.9) 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.
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 (55.4%), cash (22.7%), other (21.9%)
Corporate Info
Group Affiliation
None
Investment Rating
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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
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