C
Ovation Home Ins Exchange
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.20
Risk Adjusted
Capital Ratio #2
2.50
Loss
Ratio
46.11%
Total
Assets
71.02M
Capital
41.29M
Net
Premiums
19.61M
Net
Income
2.10M
My Lists My Alerts
Weiss Ratings Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating C
Capitalization Index 9.20
Investment Safety Index --
Liquidity Index 9.50
Profitability Index 8.90
Reserve Adequacy Index 3.60
Stability Index 2.80
Company Info Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 17621
Phone Number (877) 229-2244
Website www.ovationhome.com
Address 903 NW 65th Street Boca Raton, FL 33487
Balance Sheet Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 71.02M
Capital and Reserves Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 3.20
Risk-Adjusted Capital Ratio #2 2.50
1-Year Reserve Development 0.00%
2-Year Reserve Development 0.00%
Capital 41.29M
Premium to Surplus 50.00%
Reserves to Surplus 0.00%
Investments Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting -1,040.00%
Combined Ratio 40.00%
Expense Ratio -10.00%
Loss Ratio 46.11%
Net Premium Growth --
Other Medical Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 Ovation Home Ins Exchange
Boca Raton, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 2.10M
Net Premium 19.61M
Health Premium --