UMIA Ins Inc
Major Rating Factors:
Fair profitability index (2.9 on a scale of 0 to 10) with operating losses during each of the last five years and the first three months of 2025. Average return on equity over the last five years has been poor at -5.7%. Fair overall results on stability tests (4.2) including negative cash flow from operations for 2024. The largest net exposure for one risk is high at 4.3% of capital. A history of deficient reserves (2.4) that places pressure on both capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 19.7% and 35.7%.
Other Rating Factors:
Good long-term capitalization index (5.6) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (99.3%), other (0.7%)
Licensed in:
CO, ID, MT, NE, NM, NV, OR, UT, WA, WY
Principal Investments:
Investment grade bonds (73.1%), common stock (18.3%), non investment grade bonds (1.5%), cash (1.2%), preferred stock (0.3%), other (5.5%)
Corporate Info
Group Affiliation
Curi Holdings Inc
Investment Rating
--
Company Address
7650 Edinborough Way
Minneapolis, MN 55435
Minneapolis, MN 55435
Phone Number
(800) 328-5532
NAIC Number
36676
Website
Largest Affiliates