D
EMPRO INSURANCE CO
RoslynIL
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Weak overall results on stability tests (1.1 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. The largest net exposure for one risk is excessive at 19.4% of capital. Fair long-term capitalization index (4.5) based on fair current risk adjusted capital (severe loss scenario), although results have slipped from the good range over the last two years.
Other Rating Factors: Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.6) despite modest operating losses during 2020.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. G - Fast asset or premium growth. R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Med mal (98.5%), other (1.5%)
Licensed in: CT, MA, MO, NH, NJ, NY
Principal Investments: Investment grade bonds (66.8%), cash (7.8%), non investment grade bonds (6.4%), other (19.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
China Minsheng Investment Co Ltd
Investment Rating
--
Company Address
1800 Northern Boulevard
Roslyn, NY 11576
Phone Number
(414) 369-5033
NAIC Number
21350
Largest Affiliates
Weiss Ratings