Major Rating Factors:
Weak overall results on stability tests (2.3 on a scale of 0 to 10) including excessive premium growth, weak risk diversification 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 (3.9) with small operating losses during 2023 and 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. Excellent liquidity (7.0) 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.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
MO
Principal Investments:
Investment grade bonds (29.6%), cash (4.9%), other (65.5%)
Corporate Info
Group Affiliation
BMI Co Inc
Investment Rating
--
Company Address
PO Box 20
Billings, MO 65610
Billings, MO 65610
Phone Number
(417) 744-2717
NAIC Number
17475
Website
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Largest Affiliates
No affiliate information available.