B
GLENCAR INSURANCE CO
Orlando,  IL
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.42
Risk Adjusted
Capital Ratio #2
1.14
Loss
Ratio
73.60%
Total
Assets
213.22M
Capital
63.31M
Net
Premiums
61.18M
Net
Income
-5.03M
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Weiss Ratings GLENCAR INSURANCE CO
Orlando, IL 		Click to
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Rating B
Capitalization Index 7.10
Investment Safety Index --
Liquidity Index 6.80
Profitability Index 2.90
Reserve Adequacy Index 4.60
Stability Index 4.10
Company Info GLENCAR INSURANCE CO
Orlando, IL 		Click to
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Industry P&C
NAIC Number 12254
Phone Number (402) 351-5468
Website www.glencarinsurance.com
Address F&l Corp Us Bank Center 777 Ea Orlando, IL 53202
Balance Sheet GLENCAR INSURANCE CO
Orlando, IL 		Click to
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Total Assets 213.22M
Capital and Reserves GLENCAR INSURANCE CO
Orlando, IL 		Click to
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Risk-Adjusted Capital Ratio #1 2.42
Risk-Adjusted Capital Ratio #2 1.14
1-Year Reserve Development 1.10%
2-Year Reserve Development 1.70%
Capital 63.31M
Premium to Surplus 96.60%
Reserves to Surplus 158.20%
Investments GLENCAR INSURANCE CO
Orlando, IL 		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 GLENCAR INSURANCE CO
Orlando, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 88.50%
Combined Ratio 113.20%
Expense Ratio 39.60%
Loss Ratio 73.60%
Net Premium Growth -5.00%
Other Medical GLENCAR INSURANCE CO
Orlando, IL 		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 GLENCAR INSURANCE CO
Orlando, IL 		Click to
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Net Income -5.03M
Net Premium 61.18M
Health Premium --
Weiss Ratings