Long Iron Ins RRG Inc
Major Rating Factors:
Weak overall results on stability tests (1.5 on a scale of 0 to 10) including weak risk diversification, weak results on operational trends and negative cash flow from operations for 2025. Fair long-term capitalization index (3.3) based on fair current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. Fair reserve development (3.3) as reserves have generally been sufficient to cover claims. In 2025 the one year reserve development was 25.8% deficient.
Other Rating Factors:
Fair profitability index (4.3) with operating losses during 2021 and 2025. Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (98.6%), other (1.4%)
Licensed in:
SC
Principal Investments:
Cash (3.8%), other (96.2%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1064 Gardner Road
Charleston, SC 29407
Charleston, SC 29407
Phone Number
(843) 872-3312
NAIC Number
17034
Website
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Largest Affiliates
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