Major Rating Factors:
Good overall profitability index (5.2 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been fair, averaging 5.5% over the past five years. Good overall results on stability tests (5.1) despite. Fair reserve development (4.1) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
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 (100.0%)
Licensed in:
All states except CA, NY, WI
Principal Investments:
Investment grade bonds (51.6%), common stock (29.4%), cash (4.2%), non investment grade bonds (0.7%), other (14.0%)
Corporate Info
Group Affiliation
Curi Holdings Inc
Investment Rating
--
Company Address
700 Spring Forest Road
Raleigh, NC 27609
Raleigh, NC 27609
Phone Number
(800) 328-5532
NAIC Number
32522
Website
Largest Affiliates