MLM RRG Inc
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.4) with operating losses during 2020 and 2021. Return on equity has been low, averaging 0.4% over the past five years. Weak overall results on stability tests (1.9) including weak results on operational trends. The largest net exposure for one risk is acceptable at 2.6% of capital.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
DC
Principal Investments:
Investment grade bonds (95.2%), cash (4.8%)
Corporate Info
Group Affiliation
Minnesota Lawyers Mutual Ins Co
Investment Rating
--
Company Address
333 South Seventh Street
Minneapolis, MN 55402
Minneapolis, MN 55402
Phone Number
(612) 341-4530
NAIC Number
16026
Largest Affiliates