Major Rating Factors:
Fair reserve development (4.5 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 15.7% deficient. Fair profitability index (3.7) with operating losses during 2023 and 2024. Fair overall results on stability tests (4.7) including weak risk adjusted capital in prior years.
Other Rating Factors:
Good long-term capitalization index (5.1) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Med mal (99.6%), other (0.4%)
Licensed in:
DC
Principal Investments:
Investment grade bonds (93.6%), cash (5.4%), other (1.0%)
Corporate Info
Group Affiliation
Medical Professional Mutual Ins Co
Investment Rating
--
Company Address
One Financial Center
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 330-1755
NAIC Number
14160
Website
Largest Affiliates