C
Coverys RRG Inc
BostonMA
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings Coverys RRG Inc
Boston, MA
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Rating C
Capitalization Index 5.10
Investment Safety Index --
Liquidity Index 6.50
Profitability Index 3.70
Reserve Adequacy Index 4.50
Stability Index 4.70
Company Info Coverys RRG Inc
Boston, MA
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Industry P&C
NAIC Number 14160
Phone Number (617) 330-1755
Website www.coverys.com
Address One Financial Center Boston, MA 02111
Balance Sheet Coverys RRG Inc
Boston, MA
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Total Assets 41.80M
Capital and Reserves Coverys RRG Inc
Boston, MA
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Risk-Adjusted Capital Ratio #1 1.20
Risk-Adjusted Capital Ratio #2 0.80
1-Year Reserve Development 270.00%
2-Year Reserve Development 1,570.00%
Capital 12.16M
Premium to Surplus 10.00%
Reserves to Surplus 80.00%
Investments Coverys RRG Inc
Boston, MA
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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 Coverys RRG Inc
Boston, MA
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Medical Loss Ratio --
Cash From Underwriting 140.00%
Combined Ratio 190.00%
Expense Ratio 40.00%
Loss Ratio 151.31%
Net Premium Growth -30.00%
Other Medical Coverys RRG Inc
Boston, MA
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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 Coverys RRG Inc
Boston, MA
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Net Income -295.75K
Net Premium 1.02M
Health Premium --