D
ROOT PROPERTY & CAS INS CO
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
Weiss Ratings ROOT PROPERTY & CAS INS CO
Columbus, IL
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Rating D
Capitalization Index 2.00
Investment Safety Index --
Liquidity Index 6.30
Profitability Index 0.80
Reserve Adequacy Index 5.60
Stability Index 2.30
Company Info ROOT PROPERTY & CAS INS CO
Columbus, IL
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Industry P&C
NAIC Number 24503
Phone Number (203) 964-4025
Website www.joinroot.com
Address 1209 Orange Street Columbus, IL 19801
Balance Sheet ROOT PROPERTY & CAS INS CO
Columbus, IL
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Total Assets 63.23M
Capital and Reserves ROOT PROPERTY & CAS INS CO
Columbus, IL
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Risk-Adjusted Capital Ratio #1 0.45
Risk-Adjusted Capital Ratio #2 0.38
1-Year Reserve Development 4.30%
2-Year Reserve Development -13.80%
Capital 20.29M
Premium to Surplus 87.40%
Reserves to Surplus 153.10%
Investments ROOT PROPERTY & CAS INS CO
Columbus, IL
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios ROOT PROPERTY & CAS INS CO
Columbus, IL
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Medical Loss Ratio --
Cash From Underwriting 25.80%
Combined Ratio 270.60%
Expense Ratio 53.80%
Loss Ratio 216.80%
Net Premium Growth -31.90%
Other Medical ROOT PROPERTY & CAS INS CO
Columbus, IL
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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 ROOT PROPERTY & CAS INS CO
Columbus, IL
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Net Income -30.82M
Net Premium 17.74M
Health Premium --
Weiss Ratings