Indigo RRG Inc
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2023, 2024 and 2025. Weak overall results on stability tests (0.8) including excessive premium growth, weak results on operational trends and weak risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Good long-term capitalization index (5.0) based on fair current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. Superior liquidity (10.0) 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.
F - Negative cash flow.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
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) 884-5902
NAIC Number
17484
Website
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