BUS RRG Inc
Major Rating Factors:
Poor long-term capitalization index (0.1 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). Weak overall results on stability tests (0.0) including weak results on operational trends, weak risk diversification and lack of operational experience. The largest net exposure for one risk is excessive at 80.8% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 24.7% deficient.
Other Rating Factors:
Fair profitability index (3.3) with operating losses during 2022 and 2023. Superior liquidity (9.5) 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:
Personal/comm auto (95.5%), other (4.5%)
Licensed in:
SC
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
701 East Bay Street
Charleston, SC 29403
Charleston, SC 29403
Phone Number
(843) 614-3135
NAIC Number
17324
Website
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Largest Affiliates
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