B
Ardellis Ins Ltd
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.70
Risk Adjusted
Capital Ratio #2
2.40
Loss
Ratio
70.07%
Total
Assets
70.48M
Capital
52.60M
Net
Premiums
34.98M
Net
Income
1.73M
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Weiss Ratings Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Rating B
Capitalization Index 9.10
Investment Safety Index --
Liquidity Index 7.20
Profitability Index 7.20
Reserve Adequacy Index 4.60
Stability Index 5.70
Company Info Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Industry P&C
NAIC Number 16141
Phone Number (616) 365-1542
Website --
Address 2801 East Beltline, NE Grand Rapids, MI 49525
Balance Sheet Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Total Assets 70.48M
Capital and Reserves Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Risk-Adjusted Capital Ratio #1 3.70
Risk-Adjusted Capital Ratio #2 2.40
1-Year Reserve Development 600.00%
2-Year Reserve Development 370.00%
Capital 52.60M
Premium to Surplus 70.00%
Reserves to Surplus 20.00%
Investments Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Medical Loss Ratio --
Cash From Underwriting 130.00%
Combined Ratio 90.00%
Expense Ratio 20.00%
Loss Ratio 70.07%
Net Premium Growth 10.00%
Other Medical Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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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 Ardellis Ins Ltd
Grand Rapids, MI 		Click to
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Net Income 1.73M
Net Premium 34.98M
Health Premium --