C
Freedom Advantage Ins Co
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.50
Risk Adjusted
Capital Ratio #2
0.90
Loss
Ratio
-24.80%
Total
Assets
14.16M
Capital
7.83M
Net
Premiums
2.68M
Net
Income
51.19K
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Weiss Ratings Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Rating C
Capitalization Index 5.80
Investment Safety Index --
Liquidity Index 8.20
Profitability Index 4.00
Reserve Adequacy Index 7.00
Stability Index 2.70
Company Info Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Industry P&C
NAIC Number 11831
Phone Number (336) 501-6777
Website freeaic.com
Address 1403 Silverside Road Wilmington, DE 19810
Balance Sheet Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Total Assets 14.16M
Capital and Reserves Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Risk-Adjusted Capital Ratio #1 1.50
Risk-Adjusted Capital Ratio #2 0.90
1-Year Reserve Development -1,560.00%
2-Year Reserve Development -2,250.00%
Capital 7.83M
Premium to Surplus 40.00%
Reserves to Surplus 60.00%
Investments Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Medical Loss Ratio --
Cash From Underwriting 50.00%
Combined Ratio 50.00%
Expense Ratio 80.00%
Loss Ratio -24.80%
Net Premium Growth -10.00%
Other Medical Freedom Advantage Ins Co
Wilmington, DE 		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 Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Net Income 51.19K
Net Premium 2.68M
Health Premium --
Weiss Ratings