D
Summit Ins Co a RRG
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.64
Risk Adjusted
Capital Ratio #2
0.51
Loss
Ratio
215.06%
Total
Assets
1.13M
Capital
508.33K
Net
Premiums
0.00
Net
Income
-6.37K
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Weiss Ratings Summit Ins Co a RRG
Charleston, SC 		Click to
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Rating D
Capitalization Index 3.10
Investment Safety Index --
Liquidity Index 10.00
Profitability Index 2.70
Reserve Adequacy Index 4.50
Stability Index 0.00
Company Info Summit Ins Co a RRG
Charleston, SC 		Click to
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Industry P&C
NAIC Number 16653
Phone Number (843) 884-5902
Website --
Address 701 East Bay Street Charleston, SC 29403
Balance Sheet Summit Ins Co a RRG
Charleston, SC 		Click to
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Total Assets 1.13M
Capital and Reserves Summit Ins Co a RRG
Charleston, SC 		Click to
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Risk-Adjusted Capital Ratio #1 0.64
Risk-Adjusted Capital Ratio #2 0.51
1-Year Reserve Development 760.00%
2-Year Reserve Development 880.00%
Capital 508.33K
Premium to Surplus 70.00%
Reserves to Surplus 30.00%
Investments Summit Ins Co a RRG
Charleston, SC 		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 Summit Ins Co a RRG
Charleston, SC 		Click to
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Medical Loss Ratio --
Cash From Underwriting 730.00%
Combined Ratio 230.00%
Expense Ratio 20.00%
Loss Ratio 215.06%
Net Premium Growth 1,360.00%
Other Medical Summit Ins Co a RRG
Charleston, SC 		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 Summit Ins Co a RRG
Charleston, SC 		Click to
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Net Income -6.37K
Net Premium 0.00
Health Premium --