D
Kookmin Best Ins Co Ltd
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.70
Risk Adjusted
Capital Ratio #2
0.40
Loss
Ratio
930.08%
Total
Assets
47.24M
Capital
40.88M
Net
Premiums
2.77M
Net
Income
-3.04M
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Weiss Ratings Kookmin Best Ins Co Ltd
Ridgefield Park, NJ 		Click to
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Rating D
Capitalization Index 2.40
Investment Safety Index --
Liquidity Index 6.20
Profitability Index 1.90
Reserve Adequacy Index 1.50
Stability Index 2.50
Company Info Kookmin Best Ins Co Ltd
Ridgefield Park, NJ 		Click to
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Industry P&C
NAIC Number 37800
Phone Number (201) 720-2100
Website www.kbicus.com
Address 55 Challenger Road Ridgefield Park, NJ 07660
Balance Sheet Kookmin Best Ins Co Ltd
Ridgefield Park, NJ 		Click to
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Total Assets 47.24M
Capital and Reserves Kookmin Best Ins Co Ltd
Ridgefield Park, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 0.70
Risk-Adjusted Capital Ratio #2 0.40
1-Year Reserve Development 1,490.00%
2-Year Reserve Development 6,840.00%
Capital 40.88M
Premium to Surplus 10.00%
Reserves to Surplus 150.00%
Investments Kookmin Best Ins Co Ltd
Ridgefield Park, NJ 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
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
Ridgefield Park, NJ 		Click to
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Medical Loss Ratio --
Cash From Underwriting 0.00%
Combined Ratio 870.00%
Expense Ratio -60.00%
Loss Ratio 930.08%
Net Premium Growth -370.00%
Other Medical Kookmin Best Ins Co Ltd
Ridgefield Park, NJ 		Click to
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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
Ridgefield Park, NJ 		Click to
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Net Income -3.04M
Net Premium 2.77M
Health Premium --