B
Allegany Co-op Ins Co
Cuba,  NY
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.80
Risk Adjusted
Capital Ratio #2
2.70
Loss
Ratio
60.57%
Total
Assets
86.46M
Capital
50.04M
Net
Premiums
22.20M
Net
Income
1.50M
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Weiss Ratings Allegany Co-op Ins Co
Cuba, NY 		Click to
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Rating B
Capitalization Index 9.50
Investment Safety Index --
Liquidity Index 6.90
Profitability Index 5.20
Reserve Adequacy Index 7.00
Stability Index 3.70
Company Info Allegany Co-op Ins Co
Cuba, NY 		Click to
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Industry P&C
NAIC Number 30970
Phone Number (585) 968-1000
Website www.alleganygroup.com
Address Nine North Branch Road Cuba, NY 14727
Balance Sheet Allegany Co-op Ins Co
Cuba, NY 		Click to
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Total Assets 86.46M
Capital and Reserves Allegany Co-op Ins Co
Cuba, NY 		Click to
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Risk-Adjusted Capital Ratio #1 3.80
Risk-Adjusted Capital Ratio #2 2.70
1-Year Reserve Development 50.00%
2-Year Reserve Development 30.00%
Capital 50.04M
Premium to Surplus 40.00%
Reserves to Surplus 20.00%
Investments Allegany Co-op Ins Co
Cuba, NY 		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 Allegany Co-op Ins Co
Cuba, NY 		Click to
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Medical Loss Ratio --
Cash From Underwriting 170.00%
Combined Ratio 90.00%
Expense Ratio 30.00%
Loss Ratio 60.57%
Net Premium Growth 50.00%
Other Medical Allegany Co-op Ins Co
Cuba, NY 		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 Allegany Co-op Ins Co
Cuba, NY 		Click to
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Net Income 1.50M
Net Premium 22.20M
Health Premium --