C
Richmond Natl Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.82
Risk Adjusted
Capital Ratio #2
1.60
Loss
Ratio
71.44%
Total
Assets
428.76M
Capital
206.38M
Net
Premiums
77.92M
Net
Income
5.86M
My Lists My Alerts
Medical Professional Liability (Claims Made)
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
2
58
60
96.67%
96.09%
2023
13
0
13
0.00%
95.22%
2022
0
0
0
0.00%
96.00%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
6
69
75
92.00%
81.44%
2023
82
2
84
2.38%
74.87%
2022
0
9
9
100.00%
72.69%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
16
147
163
90.18%
12.32%
2023
77
10
87
11.49%
16.34%
2022
1
7
8
87.50%
11.13%
Product Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
84.35%
2023
0
0
0
0.00%
68.07%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
63.97%
2023
0
0
0
0.00%
62.55%