C
Pfd Physicians Med RRG a Mutl
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.4) with small operating losses during 2020 and the first six months of 2025. Fair overall results on stability tests (3.5) including negative cash flow from operations for 2024.
Other Rating Factors: Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. F - Negative cash flow. 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: MO
Principal Investments: Investment grade bonds (72.7%), cash (2.7%), other (24.7%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
PRA
Company Address
11880 College Boulevard
Overland Park, KS 66210
Phone Number
(913) 262-2585
NAIC Number
44083
Largest Affiliates
B
Birmingham, AL - P&C
B
San Francisco, CA - P&C
B
Franklin, TN - P&C
C
Lancaster, PA - P&C
C
Birmingham, AL - P&C