C
Freedom Advantage Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.90
Risk Adjusted
Capital Ratio #2
0.80
Loss
Ratio
21.63%
Total
Assets
28.10M
Capital
12.93M
Net
Premiums
4.10M
Net
Income
1.09M
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Weiss Ratings Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Rating C
Capitalization Index 5.00
Investment Safety Index --
Liquidity Index 9.10
Profitability Index 4.40
Reserve Adequacy Index 7.00
Stability Index 3.50
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 28.10M
Capital and Reserves Freedom Advantage Ins Co
Wilmington, DE 		Click to
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Risk-Adjusted Capital Ratio #1 0.90
Risk-Adjusted Capital Ratio #2 0.80
1-Year Reserve Development -900.00%
2-Year Reserve Development -1,610.00%
Capital 12.93M
Premium to Surplus 30.00%
Reserves to Surplus 30.00%
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 43.41%
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 100.00%
Combined Ratio 60.00%
Expense Ratio 40.00%
Loss Ratio 21.63%
Net Premium Growth 50.00%
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 1.09M
Net Premium 4.10M
Health Premium --