D
CANOPY INSURANCE CORP
Rating Date
March 2025
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
2.26
Risk Adjusted
Capital Ratio #2
2.03
Total
Assets
3.03M
Capital
2.25M
Net
Premiums
6.19M
Net
Income
101.07K
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Weiss Ratings CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Rating D
Capitalization Index 8.50
Investment Safety Index 9.70
Liquidity Index 2.20
Profitability Index 1.90
Reserve Adequacy Index --
Stability Index 1.40
Company Info CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Industry L&A
NAIC Number 17138
Phone Number (205) 951-4116
Website www.canopyinsurancecorp.com
Address --
Balance Sheet CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Total Assets 3.03M
Capital and Reserves CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Risk-Adjusted Capital Ratio #1 2.26
Risk-Adjusted Capital Ratio #2 2.03
1-Year Reserve Development --
2-Year Reserve Development --
Capital 2.25M
Premium to Surplus --
Reserves to Surplus --
Investments CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Cash 45.27%
CMO & Structured Securities 0.00%
Common & Preferred Stock 0.00%
Invested Assets 2.92
Investments in Affiliates 0.00%
Mortgages in Good Standing 0.00%
Non-Investment Grade Bonds 0.00%
Non-Performing Mortgages 0.00%
Other Investment Grade Bonds 51.13%
Other Investments --
Real Estate 0.00%
Operating Ratios CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Medical Loss Ratio --
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical CANOPY INSURANCE CORP
Birmingham, AL 		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 CANOPY INSURANCE CORP
Birmingham, AL 		Click to
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Net Income 101.07K
Net Premium 6.19M
Health Premium --