Major Rating Factors:
Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.3) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.9). Excellent expense controls.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (88.0%), other (12.0%)
Licensed in:
DC
Principal Investments:
Investment grade bonds (8.4%), cash (6.1%), other (85.5%)
Corporate Info
Group Affiliation
Texas Medical Liability Trust
Investment Rating
--
Company Address
Plaza V
Austin, TX 78746
Austin, TX 78746
Phone Number
(844) 595-8866
NAIC Number
15211
Website
Largest Affiliates