C
Summit Specialty Ins Co
Irving,  TX
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.30
Risk Adjusted
Capital Ratio #2
1.20
Loss
Ratio
97.92%
Total
Assets
216.52M
Capital
112.17M
Net
Premiums
36.05M
Net
Income
-2.40M
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Weiss Ratings Summit Specialty Ins Co
Irving, TX 		Click to
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Rating C
Capitalization Index 7.30
Investment Safety Index --
Liquidity Index 7.00
Profitability Index 4.60
Reserve Adequacy Index 9.10
Stability Index 4.00
Company Info Summit Specialty Ins Co
Irving, TX 		Click to
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Industry P&C
NAIC Number 16889
Phone Number (469) 357-9300
Website realigninsurance.com
Address 6031 Connection Drive Irving, TX 75039
Balance Sheet Summit Specialty Ins Co
Irving, TX 		Click to
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Total Assets 216.52M
Capital and Reserves Summit Specialty Ins Co
Irving, TX 		Click to
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Risk-Adjusted Capital Ratio #1 1.30
Risk-Adjusted Capital Ratio #2 1.20
1-Year Reserve Development -250.00%
2-Year Reserve Development -130.00%
Capital 112.17M
Premium to Surplus 30.00%
Reserves to Surplus 20.00%
Investments Summit Specialty Ins Co
Irving, TX 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 43.31%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Summit Specialty Ins Co
Irving, TX 		Click to
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Medical Loss Ratio --
Cash From Underwriting 60.00%
Combined Ratio 120.00%
Expense Ratio 20.00%
Loss Ratio 97.92%
Net Premium Growth 0.00%
Other Medical Summit Specialty Ins Co
Irving, TX 		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 Specialty Ins Co
Irving, TX 		Click to
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Net Income -2.40M
Net Premium 36.05M
Health Premium --