MMIC RRG Inc
Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2020 and 2021. Return on equity has been fair, averaging 8.7% over the past five years. Fair overall results on stability tests (3.5) including negative cash flow from operations for 2024 and fair risk adjusted capital in prior years. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Other Rating Factors:
Ample reserve history (7.2) that can protect against increases in claims costs. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (90.5%), other (9.5%)
Licensed in:
DC
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
Curi Holdings Inc
Investment Rating
--
Company Address
7650 Edinborough Way
Minneapolis, MN 55435
Minneapolis, MN 55435
Phone Number
(800) 328-5532
NAIC Number
14062
Website
Largest Affiliates