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 71.1% of capital. Poor long-term capitalization index (2.9) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range over the last two years. Fair reserve development (4.7) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair profitability index (3.8) with operating losses during 2022 and 2023. Excellent liquidity (7.0) 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 (95.8%), other (4.2%)
Licensed in:
VT
Principal Investments:
Other (100%)
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
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Largest Affiliates
No affiliate information available.