C
SAMSUNG FIRE & MARINE INS CO LTD US
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 SAMSUNG FIRE & MARINE INS CO LTD US
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Rating C
Capitalization Index 8.60
Investment Safety Index --
Liquidity Index 9.40
Profitability Index 8.40
Reserve Adequacy Index 5.80
Stability Index 3.50
Company Info SAMSUNG FIRE & MARINE INS CO LTD US
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Industry P&C
NAIC Number 38300
Phone Number (201) 708-6439
Website us.samsungfire.com
Address 1133 Westchester Avenue 1st Fl Ridgefield Park, IL 10604
Balance Sheet SAMSUNG FIRE & MARINE INS CO LTD US
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 167.45M
Capital and Reserves SAMSUNG FIRE & MARINE INS CO LTD US
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Risk-Adjusted Capital Ratio #1 3.34
Risk-Adjusted Capital Ratio #2 2.14
1-Year Reserve Development -3.70%
2-Year Reserve Development -12.00%
Capital 87.50M
Premium to Surplus 21.60%
Reserves to Surplus 45.60%
Investments SAMSUNG FIRE & MARINE INS CO LTD US
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 SAMSUNG FIRE & MARINE INS CO LTD US
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 177.70%
Combined Ratio 48.60%
Expense Ratio 0.10%
Loss Ratio 48.60%
Net Premium Growth 42.50%
Other Medical SAMSUNG FIRE & MARINE INS CO LTD US
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 SAMSUNG FIRE & MARINE INS CO LTD US
Ridgefield Park, IL
Click to
Compare
Click to
Compare
Click to
Compare
Net Income 10.83M
Net Premium 18.93M
Health Premium --
Weiss Ratings