CRICO (A Reciprocal RRG)
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10). Fair reserve development (4.3) as reserves have generally been sufficient to cover claims. Fair long-term capitalization index (3.9) based on fair current risk adjusted capital (severe loss scenarios).
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
E - Lack of operating experience.
Principal Lines of Business:
Med mal (89.4%), other (10.6%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (43.9%), common stock (15.1%), cash (2.5%), other (38.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 652-1571
NAIC Number
17491
Website
Largest Affiliates
No affiliate information available.