C
Omega One Ins Co
Elba,  AL
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.90
Risk Adjusted
Capital Ratio #2
2.80
Loss
Ratio
197.27%
Total
Assets
5.84M
Capital
5.65M
Net
Premiums
515.00K
Net
Income
-253.03K
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Weiss Ratings Omega One Ins Co
Elba, AL 		Click to
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Rating C
Capitalization Index 9.80
Investment Safety Index --
Liquidity Index 6.70
Profitability Index 3.10
Reserve Adequacy Index 6.00
Stability Index 3.10
Company Info Omega One Ins Co
Elba, AL 		Click to
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Industry P&C
NAIC Number 16212
Phone Number (334) 897-2273
Website www.nationalsecuritygroup.com
Address 661 East Davis Street Elba, AL 36323
Balance Sheet Omega One Ins Co
Elba, AL 		Click to
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Total Assets 5.84M
Capital and Reserves Omega One Ins Co
Elba, AL 		Click to
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Risk-Adjusted Capital Ratio #1 3.90
Risk-Adjusted Capital Ratio #2 2.80
1-Year Reserve Development 10.00%
2-Year Reserve Development 10.00%
Capital 5.65M
Premium to Surplus 10.00%
Reserves to Surplus 0.00%
Investments Omega One Ins Co
Elba, AL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 17.49%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Omega One Ins Co
Elba, AL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 50.00%
Combined Ratio 210.00%
Expense Ratio 10.00%
Loss Ratio 197.27%
Net Premium Growth 0.00%
Other Medical Omega One Ins Co
Elba, AL 		Click to
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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 Omega One Ins Co
Elba, AL 		Click to
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Net Income -253.03K
Net Premium 515.00K
Health Premium --