| Weiss Ratings |
Praxis Reciprocal Exchange
Tampa, FL |
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| Rating | ||||
| Capitalization Index | 7.60 | |||
| Investment Safety Index | -- | |||
| Liquidity Index | 7.00 | |||
| Profitability Index | 2.60 | |||
| Reserve Adequacy Index | 3.60 | |||
| Stability Index | 1.80 | |||
| Company Info |
Praxis Reciprocal Exchange
Tampa, FL |
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| Industry | P&C | |||
| NAIC Number | 17835 | |||
| Phone Number | (813) 365-7443 | |||
| Website | www.praxisinsures.com | |||
| Address | 5600 Mariner Street Tampa, FL 33609 | |||
| Balance Sheet |
Praxis Reciprocal Exchange
Tampa, FL |
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| Total Assets | 42.12M | |||
| Capital and Reserves |
Praxis Reciprocal Exchange
Tampa, FL |
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| Risk-Adjusted Capital Ratio #1 | 1.75 | |||
| Risk-Adjusted Capital Ratio #2 | 1.37 | |||
| 1-Year Reserve Development | 0.00% | |||
| 2-Year Reserve Development | 0.00% | |||
| Capital | 22.72M | |||
| Premium to Surplus | 74.57% | |||
| Reserves to Surplus | 0.80% | |||
| Investments |
Praxis Reciprocal Exchange
Tampa, FL |
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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 |
Praxis Reciprocal Exchange
Tampa, FL |
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| Medical Loss Ratio | -- | |||
| Cash From Underwriting | -- | |||
| Combined Ratio | 42.17% | |||
| Expense Ratio | 21.94% | |||
| Loss Ratio | 20.23% | |||
| Net Premium Growth | -- | |||
| Other Medical |
Praxis Reciprocal Exchange
Tampa, FL |
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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 |
Praxis Reciprocal Exchange
Tampa, FL |
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| Net Income | -2.93M | |||
| Net Premium | 16.94M | |||
| Health Premium | -- | |||