Future Care RRG Inc
Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 40.2% deficient. Fair overall results on stability tests (3.0) including weak risk adjusted capital in prior years and weak results on operational trends. The largest net exposure for one risk is acceptable at 2.1% of capital. Fair long-term capitalization index (4.9) based on good current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2020.
Other Rating Factors:
Excellent profitability index (7.8) with operating gains in each of the last five years. Excellent liquidity (7.2) 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.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (90.0%), other (10.0%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (68.4%), cash (20.7%), common stock (7.1%), preferred stock (1.4%), non investment grade bonds (0.2%), other (2.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
13109 Eastpoint Park Blvd
Louisville, KY 40223
Louisville, KY 40223
Phone Number
(941) 955-0793
NAIC Number
16661
Website
Largest Affiliates
No affiliate information available.