Elevate Reciprocal Exchange

Houston, TX

Rating Date

April 2025

NAIC
Classification

Property & Casualty

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

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Weiss Ratings	Elevate Reciprocal Exchange Houston, TX	Click to Compare	Click to Compare	Click to Compare
Rating	D
Capitalization Index	10.00
Investment Safety Index	--
Liquidity Index	9.90
Profitability Index	3.70
Reserve Adequacy Index	4.10
Stability Index	2.80

Company Info	Elevate Reciprocal Exchange Houston, TX	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	17363
Phone Number	(850) 364-1126
Website	elevatein.com
Address	Three Chasewood Houston, TX 77070

Balance Sheet	Elevate Reciprocal Exchange Houston, TX	Click to Compare	Click to Compare	Click to Compare
Total Assets	75.64M

Capital and Reserves	Elevate Reciprocal Exchange Houston, TX	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	5.20
Risk-Adjusted Capital Ratio #2	4.60
1-Year Reserve Development	-10.00%
2-Year Reserve Development	0.00%
Capital	31.63M
Premium to Surplus	20.00%
Reserves to Surplus	0.00%

Investments	Elevate Reciprocal Exchange Houston, TX	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	Elevate Reciprocal Exchange Houston, TX	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	-17,910.00%
Combined Ratio	-570.00%
Expense Ratio	0.00%
Loss Ratio	-564.24%
Net Premium Growth	510.00%

Other Medical	Elevate Reciprocal Exchange Houston, TX	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	Elevate Reciprocal Exchange Houston, TX	Click to Compare	Click to Compare	Click to Compare
Net Income	-5.15M
Net Premium	4.63M
Health Premium	--