B
Granada Indemnity Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.47
Risk Adjusted
Capital Ratio #2
1.75
Loss
Ratio
52.66%
Total
Assets
186.12M
Capital
61.90M
Net
Premiums
97.32M
Net
Income
8.53M
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Weiss Ratings Granada Indemnity Co
Long Beach, NY 		Click to
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Rating B
Capitalization Index 8.10
Investment Safety Index --
Liquidity Index 8.70
Profitability Index 7.20
Reserve Adequacy Index 5.80
Stability Index 6.20
Company Info Granada Indemnity Co
Long Beach, NY 		Click to
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Industry P&C
NAIC Number 38148
Phone Number (516) 431-9191
Website www.granadaindemnity.com
Address 370 West Park Avenue Long Beach, NY 11561
Balance Sheet Granada Indemnity Co
Long Beach, NY 		Click to
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Total Assets 186.12M
Capital and Reserves Granada Indemnity Co
Long Beach, NY 		Click to
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Risk-Adjusted Capital Ratio #1 2.47
Risk-Adjusted Capital Ratio #2 1.75
1-Year Reserve Development -0.30%
2-Year Reserve Development 10.02%
Capital 61.90M
Premium to Surplus 157.23%
Reserves to Surplus 117.32%
Investments Granada Indemnity Co
Long Beach, NY 		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 Granada Indemnity Co
Long Beach, NY 		Click to
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Medical Loss Ratio --
Cash From Underwriting 118.84%
Combined Ratio 96.35%
Expense Ratio 43.69%
Loss Ratio 52.66%
Net Premium Growth -11.74%
Other Medical Granada Indemnity Co
Long Beach, NY 		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 Granada Indemnity Co
Long Beach, NY 		Click to
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Net Income 8.53M
Net Premium 97.32M
Health Premium --