SUMMIT SPECIALTY INSURANCE CO

Dallas, IL

Rating Date

December 2023

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.25

Risk Adjusted
Capital Ratio #2

1.13

Loss
Ratio

66.40%

Total
Assets

147.93M

Capital

105.85M

Net
Premiums

45.24M

Net
Income

-4.78M

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Weiss Ratings	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Rating	D
Capitalization Index	7.20
Investment Safety Index	--
Liquidity Index	6.90
Profitability Index	3.30
Reserve Adequacy Index	3.60
Stability Index	2.50

Company Info	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	16889
Phone Number	--
Website	www.realigninsurance.com
Address	325 N St Paul St #900 Dallas, IL 75201

Balance Sheet	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Total Assets	147.93M

Capital and Reserves	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.25
Risk-Adjusted Capital Ratio #2	1.13
1-Year Reserve Development	-0.10%
2-Year Reserve Development	-0.40%
Capital	105.85M
Premium to Surplus	42.70%
Reserves to Surplus	8.20%

Investments	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	56.10%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	116.60%
Combined Ratio	106.30%
Expense Ratio	39.90%
Loss Ratio	66.40%
Net Premium Growth	40.70%

Other Medical	SUMMIT SPECIALTY INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
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 INSURANCE CO Dallas, IL	Click to Compare	Click to Compare	Click to Compare
Net Income	-4.78M
Net Premium	45.24M
Health Premium	--