Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 6.6% of capital. Strengths include potentially strong support from affiliation with The Doctors Co an InterIns Exchange. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent profitability index (8.3). Excellent expense controls. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (91.6%), other (8.4%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (57.3%), common stock (19.5%), non investment grade bonds (4.7%), cash (1.0%), preferred stock (0.4%), other (17.1%)
Corporate Info
Group Affiliation
The Doctors Co an InterIns Exchange
Investment Rating
--
Company Address
111 West 33rd Street
New York, NY 10120
New York, NY 10120
Phone Number
(212) 891-0700
NAIC Number
30317
Largest Affiliates