D
RVI AMERICA INS CO
Data as of
March 31, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
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Major Rating Factors: Weak overall results on stability tests (2.6 on a scale of 0 to 10) including potential drain of affiliation with RVI America Corp, weak results on operational trends and negative cash flow from operations for 2021. The largest net exposure for one risk is conservative at 1.5% of capital. History of adequate reserve strength (6.1) as reserves have been consistently at an acceptable level.
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 profitability (8.0) with operating gains in each of the last five years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: All states except PR
Principal Investments: Investment grade bonds (89.0%), cash (3.4%), other (7.6%)
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Premium to Surplus
Reserve to Surplus
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2-Year Reserve Development
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
RVI America Corp
Investment Rating
--
Company Address
201 Broad Street Sixth Floor
Stamford, CT 6901
Phone Number
(203) 975-2100
NAIC Number
23132
Largest Affiliates
C
Wilmington, DE - L&A
B
WILMINGTON, DE - L&A
C
Wilkes-Barre, PA - P&C
D
Dallas, TX - P&C
Weiss Ratings