C
Victor Ins Exchange
Carmel,  IN
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
6.33
Risk Adjusted
Capital Ratio #2
3.79
Loss
Ratio
53.37%
Total
Assets
161.07M
Capital
95.39M
Net
Premiums
-3.25M
Net
Income
-3.59M
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Weiss Ratings Victor Ins Exchange
Carmel, IN 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 7.00
Profitability Index 2.60
Reserve Adequacy Index 4.10
Stability Index 3.90
Company Info Victor Ins Exchange
Carmel, IN 		Click to
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Industry P&C
NAIC Number 17499
Phone Number (615) 732-6538
Website www.icat.com/about/victor-insurance-exchange.html
Address 10401 N. Meridian St Carmel, IN 46290
Balance Sheet Victor Ins Exchange
Carmel, IN 		Click to
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Total Assets 161.07M
Capital and Reserves Victor Ins Exchange
Carmel, IN 		Click to
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Risk-Adjusted Capital Ratio #1 6.33
Risk-Adjusted Capital Ratio #2 3.79
1-Year Reserve Development -20.00%
2-Year Reserve Development 0.00%
Capital 95.39M
Premium to Surplus 10.00%
Reserves to Surplus 10.00%
Investments Victor Ins Exchange
Carmel, IN 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Victor Ins Exchange
Carmel, IN 		Click to
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Medical Loss Ratio --
Cash From Underwriting 130.00%
Combined Ratio 240.00%
Expense Ratio 180.00%
Loss Ratio 53.37%
Net Premium Growth -30.00%
Other Medical Victor Ins Exchange
Carmel, IN 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Victor Ins Exchange
Carmel, IN 		Click to
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Net Income -3.59M
Net Premium -3.25M
Health Premium --