Texas Hospital Ins Exchange
Major Rating Factors:
Good overall results on stability tests (5.1 on a scale of 0 to 10) despite. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.7% of capital. Fair profitability index (4.8) with small operating losses during 2024. Return on equity has been low, averaging 2.7% over the past five years. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (46.4%), work comp (22.5%), personal/comm auto (21.1%), other (10.0%)
Licensed in:
AR, OK, TX
Principal Investments:
Investment grade bonds (74.0%), common stock (14.0%), real estate (6.8%), non investment grade bonds (1.3%), cash (1.1%), other (2.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
4849 Williams Drive
Georgetown, TX 78633
Georgetown, TX 78633
Phone Number
(512) 451-5775
NAIC Number
32514
Website
Largest Affiliates
No affiliate information available.