Doctors & Surgeons National RRG Earns Financial Stability Rating® of A, Exceptional, From Demotech, Inc.
COLUMBUS, Ohio, July 6, 2011 /PRNewswire/ -- Doctors & Surgeons National RRG has earned a Financial Stability Rating® of A, Exceptional, from Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
FSRs summarize Demotech's opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace, including Fannie Mae, Freddie Mac and HUD.
About Doctors & Surgeons National RRG
Doctors & Surgeons National RRG (DSNRRG) was founded in 2007 by physicians with extensive experience in claims and risk management and is domiciled in the State of Kentucky. DSNRRG partners with reinsurer, Amtrust to provide a stable source of liability insurance coverage for the medical community at a reasonable cost. DSNRRG's goal is to provide proven strategies that help practitioners manage and lower their risk exposure. DSNRRG specializes in writing in insurance for professionals in the healing arts and provides its policyholders with ongoing risk management information that focuses on specific topics and specialties.
For more information contact Sadhna Chopra, VP of Underwriting at (770) 822-2696.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing actuarial consulting and accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of a company. Our rating process provides an objective baseline and insight into the future solvency of a company. As an independent financial analysis and actuarial firm, Demotech has a proven track record of predicting financial stability in the insurance industry. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD, Demotech has been leveling the playing field by offering Financial Stability Ratings® (FSRs) to insurers of all sizes.
Visit www.demotech.com for more information.
SOURCE Demotech, Inc.
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