LECOM Health RRG
Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including weak risk adjusted capital in prior years, weak results on operational trends and lack of operational experience. The largest net exposure for one risk is excessive at 43.0% of capital. Good long-term capitalization index (6.1) based on good current risk adjusted capital (moderate loss scenarios), although results have slipped from the fair range during the last year. History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (9.6). Excellent expense controls. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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:
Med mal (93.5%), other (6.5%)
Licensed in:
(No states)
Principal Investments:
Cash (93.9%), common stock (4.3%), investment grade bonds (1.8%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
2730 Sidney Street
Pittsburgh, PA 15203
Pittsburgh, PA 15203
Phone Number
(412) 992-2837
NAIC Number
16922
Website
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Largest Affiliates
No affiliate information available.