C
Palisades Safety & Ins Assn
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.10
Risk Adjusted
Capital Ratio #2
0.80
Loss
Ratio
77.85%
Total
Assets
1.71B
Capital
592.93M
Net
Premiums
819.70M
Net
Income
-25.74M
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Weiss Ratings Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Rating C
Capitalization Index 5.80
Investment Safety Index --
Liquidity Index 4.80
Profitability Index 4.20
Reserve Adequacy Index 9.30
Stability Index 7.40
Company Info Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Industry P&C
NAIC Number 22050
Phone Number (732) 978-6000
Website www.plymouthrock.com
Address 581 Main Street Woodbrige, NJ 07095
Balance Sheet Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Total Assets 1.71B
Capital and Reserves Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 1.10
Risk-Adjusted Capital Ratio #2 0.80
1-Year Reserve Development -630.00%
2-Year Reserve Development -1,160.00%
Capital 592.93M
Premium to Surplus 140.00%
Reserves to Surplus 120.00%
Investments Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 23.43%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Medical Loss Ratio --
Cash From Underwriting 100.00%
Combined Ratio 110.00%
Expense Ratio 30.00%
Loss Ratio 77.85%
Net Premium Growth 10.00%
Other Medical Palisades Safety & Ins Assn
Woodbrige, NJ 		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 Palisades Safety & Ins Assn
Woodbrige, NJ 		Click to
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Net Income -25.74M
Net Premium 819.70M
Health Premium --