C
CITIZENS PROPERTY INS CORP
Rating Date
April 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.19
Risk Adjusted
Capital Ratio #2
1.31
Loss
Ratio
86.60%
Total
Assets
10.46B
Capital
4.41B
Net
Premiums
1.32B
Net
Income
-2.12B
My Lists My Alerts
Report
Weiss Ratings CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating C
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 9.30
Profitability Index 2.60
Reserve Adequacy Index 5.80
Stability Index 3.40
Company Info CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 10064
Phone Number (850) 513-3700
Website www.citizensfla.com
Address 2101 MARYLAND CIRCLE Tallahassee, FL 32303
Balance Sheet CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets $10.46B
Capital and Reserves CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.19
Risk-Adjusted Capital Ratio #2 1.31
1-Year Reserve Development 2.90%
2-Year Reserve Development 1.30%
Capital $4.41B
Premium to Surplus 20.80%
Reserves to Surplus 15.40%
Investments CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 155.70%
Combined Ratio 108.20%
Expense Ratio 21.60%
Loss Ratio 86.60%
Net Premium Growth 44.00%
Other Medical CITIZENS PROPERTY INS CORP
Tallahassee, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Net Income -$2.12B
Net Premium $1.32B
Health Premium --
Weiss Ratings