B
Southern Ins Co of VA
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.00
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
84.02%
Total
Assets
233.66M
Capital
57.89M
Net
Premiums
134.33M
Net
Income
-10.65M
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Weiss Ratings Southern Ins Co of VA
Glen Allen, VA 		Click to
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Rating B
Capitalization Index 7.60
Investment Safety Index --
Liquidity Index 6.00
Profitability Index 3.40
Reserve Adequacy Index 8.10
Stability Index 5.00
Company Info Southern Ins Co of VA
Glen Allen, VA 		Click to
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Industry P&C
NAIC Number 26867
Phone Number (804) 266-7012
Website www.donegalgroup.com
Address 801 Virginia Village Drive Glen Allen, VA 23060
Balance Sheet Southern Ins Co of VA
Glen Allen, VA 		Click to
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Total Assets 233.66M
Capital and Reserves Southern Ins Co of VA
Glen Allen, VA 		Click to
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Risk-Adjusted Capital Ratio #1 2.00
Risk-Adjusted Capital Ratio #2 1.40
1-Year Reserve Development -140.00%
2-Year Reserve Development -1,740.00%
Capital 57.89M
Premium to Surplus 200.00%
Reserves to Surplus 150.00%
Investments Southern Ins Co of VA
Glen Allen, VA 		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 Southern Ins Co of VA
Glen Allen, VA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 100.00%
Combined Ratio 120.00%
Expense Ratio 30.00%
Loss Ratio 84.02%
Net Premium Growth 30.00%
Other Medical Southern Ins Co of VA
Glen Allen, VA 		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 Southern Ins Co of VA
Glen Allen, VA 		Click to
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Net Income -10.65M
Net Premium 134.33M
Health Premium --