B
AMERICAN SUMMIT INS CO
Dallas,  IL
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.22
Risk Adjusted
Capital Ratio #2
1.12
Loss
Ratio
66.40%
Total
Assets
119.23M
Capital
76.69M
Net
Premiums
27.77M
Net
Income
-2.02M
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Weiss Ratings AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Rating B
Capitalization Index 7.20
Investment Safety Index --
Liquidity Index 6.90
Profitability Index 3.80
Reserve Adequacy Index 7.50
Stability Index 3.80
Company Info AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Industry P&C
NAIC Number 19623
Phone Number (254) 981-7178
Website www.realigninsurance.com
Address 325 N St Paul St #900 Dallas, IL 75201
Balance Sheet AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Total Assets 119.23M
Capital and Reserves AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Risk-Adjusted Capital Ratio #1 1.22
Risk-Adjusted Capital Ratio #2 1.12
1-Year Reserve Development -0.10%
2-Year Reserve Development -0.30%
Capital 76.69M
Premium to Surplus 36.20%
Reserves to Surplus 7.30%
Investments AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 61.70%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 101.60%
Combined Ratio 105.60%
Expense Ratio 39.20%
Loss Ratio 66.40%
Net Premium Growth 20.00%
Other Medical AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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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 AMERICAN SUMMIT INS CO
Dallas, IL 		Click to
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Net Income -2.02M
Net Premium 27.77M
Health Premium --
Weiss Ratings