Ascalon RRG Inc
Major Rating Factors:
Weak overall results on stability tests (0.9 on a scale of 0 to 10) including weak results on operational trends, weak risk diversification and lack of operational experience. Fair reserve development (3.7) as reserves have generally been sufficient to cover claims. Fair profitability index (3.7) with operating losses during 2022 and 2024.
Other Rating Factors:
Good long-term capitalization index (5.2) based on good current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
522 Brandies Circle
Murfreesboro, TN 37128
Murfreesboro, TN 37128
Phone Number
(615) 610-7010
NAIC Number
17381
Website
Largest Affiliates
No affiliate information available.