Woodlands RRG Inc
Major Rating Factors:
Weak overall results on stability tests (1.2 on a scale of 0 to 10) including weak risk diversification, weak results on operational trends and negative cash flow from operations for 2024. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.2) with small operating losses during 2024.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.0) 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.
F - Negative cash flow.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
SC
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Brigade Street
Charleston, SC 29403
Charleston, SC 29403
Phone Number
(802) 864-5599
NAIC Number
17190
Website
Largest Affiliates
No affiliate information available.