C
perRisk Ins Co
TampaFL
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9). Good overall results on stability tests (5.7) despite excessive premium growth and lack of operational experience. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. E - Lack of operating experience.
Principal Lines of Business: Reinsurance (100.0%)
Licensed in: (No states)
Principal Investments: Cash (97.2%), investment grade bonds (2.6%), other (0.2%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Cash From Underwriting
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Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
HCI Group Inc
Investment Rating
HCI
Company Address
3802 Coconut Palm Drive
Tampa, FL 33619
Phone Number
(813) 405-3600
NAIC Number
17429
Largest Affiliates
D
Tampa, FL - P&C
U
Tampa, FL - P&C