Holman Transportation RRG Inc
Major Rating Factors:
Weak overall results on stability tests (1.7 on a scale of 0 to 10) including weak risk diversification, negative cash flow from operations for 2024 and weak results on operational trends. Fair profitability index (3.7) with operating losses during 2020, 2023 and 2024. Average return on equity over the last five years has been poor at -1.4%. History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1064 Gardner Road
Charleston, SC 29407
Charleston, SC 29407
Phone Number
(800) 226-0793
NAIC Number
16488
Largest Affiliates
No affiliate information available.