Comparison - FLORIDA PENINSULA INS CO - Weiss Ratings

C

FLORIDA PENINSULA INS CO

Boca Raton, FL

Data as of

September 30, 2022

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.56

Risk Adjusted
Capital Ratio #2

1.28

Loss
Ratio

77.80%

Total
Assets

322.99M

Capital

87.22M

Net
Premiums

69.30M

Net
Income

1.93M

My Lists My Alerts

Report

Weiss Ratings	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	7.50
Investment Safety Index	--
Liquidity Index	7.00
Profitability Index	2.40
Reserve Adequacy Index	7.00
Stability Index	2.70

Company Info	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	10132
Phone Number	(877) 229-2244
Website	www.floridapeninsula.com
Address	--

Balance Sheet	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Total Assets	--

Capital and Reserves	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.56
Risk-Adjusted Capital Ratio #2	1.28
1-Year Reserve Development	-2.30%
2-Year Reserve Development	-14.90%
Capital	$87.22M
Premium to Surplus	103.90%
Reserves to Surplus	85.60%

Investments	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	15.70%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	138.70%
Combined Ratio	100.40%
Expense Ratio	22.60%
Loss Ratio	77.80%
Net Premium Growth	19.70%

Other Medical	FLORIDA PENINSULA INS CO Boca Raton, 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	FLORIDA PENINSULA INS CO Boca Raton, FL	Click to Compare	Click to Compare	Click to Compare
Net Income	$1.93M
Net Premium	$69.30M
Health Premium	--