B
Granite Re Inc
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.50
Risk Adjusted
Capital Ratio #2
2.40
Loss
Ratio
67.27%
Total
Assets
187.88M
Capital
68.59M
Net
Premiums
55.81M
Net
Income
1.92M
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Weiss Ratings Granite Re Inc
Oklahoma City, OK 		Click to
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Rating B
Capitalization Index 9.10
Investment Safety Index --
Liquidity Index 8.00
Profitability Index 8.80
Reserve Adequacy Index 9.30
Stability Index 4.10
Company Info Granite Re Inc
Oklahoma City, OK 		Click to
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Industry P&C
NAIC Number 26310
Phone Number (405) 752-2600
Website www.granitere.com
Address 14001 Quailbrook Drive Oklahoma City, OK 73134
Balance Sheet Granite Re Inc
Oklahoma City, OK 		Click to
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Total Assets 187.88M
Capital and Reserves Granite Re Inc
Oklahoma City, OK 		Click to
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Risk-Adjusted Capital Ratio #1 3.50
Risk-Adjusted Capital Ratio #2 2.40
1-Year Reserve Development -480.00%
2-Year Reserve Development -910.00%
Capital 68.59M
Premium to Surplus 80.00%
Reserves to Surplus 110.00%
Investments Granite Re Inc
Oklahoma City, OK 		Click to
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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 Granite Re Inc
Oklahoma City, OK 		Click to
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Medical Loss Ratio --
Cash From Underwriting 130.00%
Combined Ratio 90.00%
Expense Ratio 20.00%
Loss Ratio 67.27%
Net Premium Growth 10.00%
Other Medical Granite Re Inc
Oklahoma City, OK 		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 Granite Re Inc
Oklahoma City, OK 		Click to
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Net Income 1.92M
Net Premium 55.81M
Health Premium --