CUSA RRG Inc
Major Rating Factors:
Poor long-term capitalization index (0.3 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (0.5) that places pressure on both capital and profits. The one year reserve development was deficient in three of the last five years by between 31.8% and 118.3%. Weak overall results on stability tests (0.0) including weak risk adjusted capital in prior years and weak risk diversification. The largest net exposure for one risk is excessive at 103.9% of capital.
Other Rating Factors:
Fair profitability index (2.9) with operating losses during 2022 and 2023. Return on equity has been fair, averaging 12.0% over the past five years. Superior liquidity (10.0) 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:
Personal/comm auto (100.0%)
Licensed in:
VT
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
--
NAIC Number
16222
Website
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Largest Affiliates
No affiliate information available.