Kansas Health RRG Inc
Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including weak results on operational trends, weak risk diversification and lack of operational experience. The largest net exposure for one risk is excessive at 51.1% of capital. Good long-term capitalization index (6.7) based on good current risk adjusted capital (moderate loss scenarios) reflecting significant improvement over results in 2023. Fair profitability index (3.8) with operating losses during 2022 and 2023.
Other Rating Factors:
History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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 (95.7%), other (4.3%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (88.2%), cash (0.2%), other (11.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
159 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 860-1958
NAIC Number
17317
Website
--
Largest Affiliates
There are no affiliate to display.