D
KOOKMIN BEST INS CO LTD US BR
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Rating D
Capitalization Index 3.10
Investment Safety Index --
Liquidity Index 7.20
Profitability Index 1.50
Reserve Adequacy Index 3.30
Stability Index 2.30
Company Info KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Industry P&C
NAIC Number 37800
Phone Number (201) 720-7143
Website www.kbicus.com
Address 163-10 Northern Blvd Suite 206 Ridgefield Park, IL 11358
Balance Sheet KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 179.86M
Capital and Reserves KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Risk-Adjusted Capital Ratio #1 0.93
Risk-Adjusted Capital Ratio #2 0.62
1-Year Reserve Development 8.80%
2-Year Reserve Development 19.50%
Capital 69.55M
Premium to Surplus 57.30%
Reserves to Surplus 130.20%
Investments KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 114.30%
Combined Ratio 124.20%
Expense Ratio 47.90%
Loss Ratio 76.30%
Net Premium Growth -1.40%
Other Medical KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
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 KOOKMIN BEST INS CO LTD US BR
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Net Income -6.51M
Net Premium 39.88M
Health Premium --
Weiss Ratings