Elevate Reciprocal Exchange

Houston, TX

Rating Date

April 2025

NAIC
Classification

Risk Adjusted
Capital Ratio #1

5.20

Risk Adjusted
Capital Ratio #2

4.60

Loss
Ratio

-564.24%

Total
Assets

75.64M

Capital

31.63M

Net
Premiums

4.63M

Net
Income

-5.15M

My Lists My Alerts

Homeowners & Farmowners

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

2023

137

140

277

50.54%

36.96%

2022

0.00%

37.08%