D
CITIZENS PROPERTY INS CORP
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.11
Risk Adjusted
Capital Ratio #2
0.73
Loss
Ratio
204.40%
Total
Assets
9.35B
Capital
4.28B
Net
Premiums
2.63B
Net
Income
-2.24B
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Weiss Ratings CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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Rating D
Capitalization Index 5.20
Investment Safety Index --
Liquidity Index 5.70
Profitability Index 1.60
Reserve Adequacy Index 4.50
Stability Index 2.80
Company Info CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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Industry P&C
NAIC Number 10064
Phone Number (414) 369-5033
Website www.citizensfla.com
Address 2101 MARYLAND CIRCLE Tallahassee, FL 32303
Balance Sheet CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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Total Assets 9.35B
Capital and Reserves CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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Risk-Adjusted Capital Ratio #1 1.11
Risk-Adjusted Capital Ratio #2 0.73
1-Year Reserve Development 0.90%
2-Year Reserve Development 4.00%
Capital 4.28B
Premium to Surplus 61.30%
Reserves to Surplus 61.20%
Investments CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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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 CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 95.80%
Combined Ratio 221.90%
Expense Ratio 17.50%
Loss Ratio 204.40%
Net Premium Growth 93.30%
Other Medical CITIZENS PROPERTY INS CORP
Tallahassee, FL 		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 CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
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Net Income -2.24B
Net Premium 2.63B
Health Premium --
Weiss Ratings