C
MSIG Specialty Ins USA Inc
Warren,  NJ
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
4.20
Risk Adjusted
Capital Ratio #2
2.70
Loss
Ratio
69.81%
Total
Assets
454.23M
Capital
263.85M
Net
Premiums
73.66M
Net
Income
2.74M
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Weiss Ratings MSIG Specialty Ins USA Inc
Warren, NJ 		Click to
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Rating C
Capitalization Index 8.90
Investment Safety Index --
Liquidity Index 10.00
Profitability Index 3.70
Reserve Adequacy Index 8.10
Stability Index 3.50
Company Info MSIG Specialty Ins USA Inc
Warren, NJ 		Click to
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Industry P&C
NAIC Number 34886
Phone Number (908) 604-2900
Website www.msigusa.com
Address 15 Independence Boulevard Warren, NJ 07059
Balance Sheet MSIG Specialty Ins USA Inc
Warren, NJ 		Click to
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Total Assets 454.23M
Capital and Reserves MSIG Specialty Ins USA Inc
Warren, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 4.20
Risk-Adjusted Capital Ratio #2 2.70
1-Year Reserve Development -400.00%
2-Year Reserve Development -280.00%
Capital 263.85M
Premium to Surplus 30.00%
Reserves to Surplus 40.00%
Investments MSIG Specialty Ins USA Inc
Warren, NJ 		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 MSIG Specialty Ins USA Inc
Warren, NJ 		Click to
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Medical Loss Ratio --
Cash From Underwriting 160.00%
Combined Ratio 100.00%
Expense Ratio 30.00%
Loss Ratio 69.81%
Net Premium Growth 40.00%
Other Medical MSIG Specialty Ins USA Inc
Warren, NJ 		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 MSIG Specialty Ins USA Inc
Warren, NJ 		Click to
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Net Income 2.74M
Net Premium 73.66M
Health Premium --