Berry Rock Ins Co
Major Rating Factors:
Weak profitability index (2.7 on a scale of 0 to 10) with operating losses during 2024 and the first three months of 2025. Weak overall results on stability tests (0.8) including weak results on operational trends, 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.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (8.5) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
OK
Principal Investments:
Investment grade bonds (51.4%), non investment grade bonds (32.6%), cash (7.3%), common stock (5.8%), preferred stock (2.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6915 N Classen Blvd
Oklahoma City, OK 73116
Oklahoma City, OK 73116
Phone Number
(405) 401-4156
NAIC Number
17583
Largest Affiliates
No affiliate information available.