Security Casualty RRG Inc
Major Rating Factors:
Weak overall results on stability tests (0.9 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and weak risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (2.9) with operating losses during 2021, 2022 and the first three months of 2025.
Other Rating Factors:
Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
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:
Other (100%)
Licensed in:
SC
Principal Investments:
Cash (100.0%)
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) 363-7158
NAIC Number
16902
Website
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Largest Affiliates
No affiliate information available.