Ophthalmic Mutl Ins Co (A RRG)
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification. Good profitability index (4.9) with operating gains in each of the last five years. Return on equity has been low, averaging 1.9% over the past five years.
Stability Factors:
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:
VT
Principal Investments:
Investment grade bonds (65.4%), common stock (27.5%), cash (1.2%), non investment grade bonds (0.7%), other (5.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
655 Beach Street
San Francisco, CA 94109
San Francisco, CA 94109
Phone Number
(800) 562-6642
NAIC Number
44105
Website
Largest Affiliates
No affiliate information available.