B
BITCO General Ins Corp
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings BITCO General Ins Corp
Davenport, IA
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Rating B
Capitalization Index 8.00
Investment Safety Index --
Liquidity Index 6.70
Profitability Index 8.00
Reserve Adequacy Index 9.50
Stability Index 7.70
Company Info BITCO General Ins Corp
Davenport, IA
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Industry P&C
NAIC Number 20095
Phone Number (800) 475-4477
Website www.bitco.com
Address 3700 Market Square Circle Davenport, IA 52807
Balance Sheet BITCO General Ins Corp
Davenport, IA
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Total Assets 1.20B
Capital and Reserves BITCO General Ins Corp
Davenport, IA
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Risk-Adjusted Capital Ratio #1 2.70
Risk-Adjusted Capital Ratio #2 1.70
1-Year Reserve Development -1,960.00%
2-Year Reserve Development -3,300.00%
Capital 352.34M
Premium to Surplus 110.00%
Reserves to Surplus 190.00%
Investments BITCO General Ins Corp
Davenport, IA
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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 BITCO General Ins Corp
Davenport, IA
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 90.00%
Expense Ratio 30.00%
Loss Ratio 58.12%
Net Premium Growth 20.00%
Other Medical BITCO General Ins Corp
Davenport, IA
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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 BITCO General Ins Corp
Davenport, IA
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Net Income 54.98M
Net Premium 399.03M
Health Premium --