Major Rating Factors:
Good overall results on stability tests (6.3 on a scale of 0 to 10) despite negative cash flow from operations for 2022. Strengths include good financial support from affiliation with Reservoir Capital Group LLC, excellent operational trends and excellent risk diversification. Weak profitability (1.6) with operating losses during 2022. Return on equity has been low, averaging -26.8%. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.3). Excellent Liquidity (9.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
Principal Lines of Business:
Ind health (1.4%), other (98.6%)
Licensed in:
All states except AL, CA, CT, ME, MS, NJ, NY, RI, WA, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Reservoir Capital Group LLC
Investment Rating
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Company Address
2338 W Royal Palm Rd Suite J
Milwaukee, WI 53202
Milwaukee, WI 53202
Phone Number
(414) 209-1984
NAIC Number
80055
Website
Largest Affiliates
