Overdrive RRG LLC
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2020. Return on equity has been fair, averaging 40.3% over the past five years. Weak overall results on stability tests (0.4) including weak results on operational trends, weak risk diversification and fair risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 25.7% of capital. Good long-term capitalization index (6.9) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Superior liquidity (9.9) with ample operational cash flow and liquid investments.
Stability Factors:
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:
(No states)
Principal Investments:
Cash (100.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
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
463 Mountain View Drive
Colchester, VT 05446
Colchester, VT 05446
Phone Number
(802) 864-5599
NAIC Number
16822
Website
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Largest Affiliates
No affiliate information available.