Skyraider RRG
Major Rating Factors:
Weak overall results on stability tests (1.2 on a scale of 0 to 10) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2025. Fair reserve development (3.9) as reserves have generally been sufficient to cover claims. Fair profitability index (4.6) with small operating losses during 2025.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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.
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:
SC
Principal Investments:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
100 Brigade Street
Charleston, SC 29403
Charleston, SC 29403
Phone Number
(802) 864-5599
NAIC Number
16863
Website
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Largest Affiliates
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