E
Motor Transport Mutl RRG Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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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). Weak overall results on stability tests (2.2) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is excessive at 5.9% of capital. History of adequate reserve strength (6.4) as reserves have been consistently at an acceptable level.
Other Rating Factors: Excellent profitability index (7.3) despite operating losses during 2020. Excellent liquidity (7.1) 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. E - Lack of operating experience. G - Fast asset or premium growth. 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: Investment grade bonds (81.8%), cash (18.0%), other (0.3%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
445 Dexter Avenue
Montgomery, AL 36104
Phone Number
(941) 373-1113
NAIC Number
16700
Largest Affiliates
No affiliate information available.