D
Granada Ins Co
Miami,  FL
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.50
Risk Adjusted
Capital Ratio #2
0.40
Loss
Ratio
66.12%
Total
Assets
137.46M
Capital
28.17M
Net
Premiums
51.68M
Net
Income
4.78M
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Weiss Ratings Granada Ins Co
Miami, FL 		Click to
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Rating D
Capitalization Index 2.30
Investment Safety Index --
Liquidity Index 7.80
Profitability Index 3.10
Reserve Adequacy Index 1.60
Stability Index 5.60
Company Info Granada Ins Co
Miami, FL 		Click to
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Industry P&C
NAIC Number 16870
Phone Number (305) 554-0353
Website www.granadainsurance.com
Address 4075 Southwest 83rd Avenue Miami, FL 33155
Balance Sheet Granada Ins Co
Miami, FL 		Click to
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Total Assets 137.46M
Capital and Reserves Granada Ins Co
Miami, FL 		Click to
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Risk-Adjusted Capital Ratio #1 0.50
Risk-Adjusted Capital Ratio #2 0.40
1-Year Reserve Development -100.00%
2-Year Reserve Development 3,320.00%
Capital 28.17M
Premium to Surplus 180.00%
Reserves to Surplus 270.00%
Investments Granada Ins Co
Miami, FL 		Click to
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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 Granada Ins Co
Miami, FL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 140.00%
Combined Ratio 100.00%
Expense Ratio 40.00%
Loss Ratio 66.12%
Net Premium Growth -20.00%
Other Medical Granada Ins Co
Miami, FL 		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 Granada Ins Co
Miami, FL 		Click to
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Net Income 4.78M
Net Premium 51.68M
Health Premium --