D
Granada Ins Co
Miami,  FL
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.30
Risk Adjusted
Capital Ratio #2
0.30
Loss
Ratio
103.36%
Total
Assets
139.17M
Capital
27.24M
Net
Premiums
68.10M
Net
Income
914.89K
My Lists My Alerts
Weiss Ratings Granada Ins Co
Miami, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating D
Capitalization Index 1.10
Investment Safety Index --
Liquidity Index 7.70
Profitability Index 2.30
Reserve Adequacy Index 1.20
Stability Index 5.00
Company Info Granada Ins Co
Miami, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Total Assets 139.17M
Capital and Reserves Granada Ins Co
Miami, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 0.30
Risk-Adjusted Capital Ratio #2 0.30
1-Year Reserve Development 3,060.00%
2-Year Reserve Development 7,070.00%
Capital 27.24M
Premium to Surplus 290.00%
Reserves to Surplus 280.00%
Investments Granada Ins Co
Miami, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 200.00%
Combined Ratio 130.00%
Expense Ratio 30.00%
Loss Ratio 103.36%
Net Premium Growth 120.00%
Other Medical Granada Ins Co
Miami, FL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Net Income 914.89K
Net Premium 68.10M
Health Premium --