Development
D
ADIRONDACK INS EXCHANGE
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.13
Risk Adjusted
Capital Ratio #2
0.84
Loss
Ratio
76.20%
Total
Assets
349.30M
Capital
51.33M
Net
Premiums
144.51M
Net
Income
-30.51M
My Lists My Alerts
Weiss Ratings Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating E
Capitalization Index 5.70
Investment Safety Index --
Liquidity Index 4.40
Profitability Index 1.20
Reserve Adequacy Index 4.30
Stability Index 0.90
Company Info Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 12583
Phone Number (336) 435-2000
Website www.aie-ny.com
Address 450 W. Hanes Mill Road Winston-Salem, NC 27105
Balance Sheet Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 349.30M
Capital and Reserves Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 1.13
Risk-Adjusted Capital Ratio #2 0.84
1-Year Reserve Development -0.20%
2-Year Reserve Development 3.60%
Capital 51.33M
Premium to Surplus 281.50%
Reserves to Surplus 222.70%
Investments Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 8.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 94.60%
Combined Ratio 120.20%
Expense Ratio 44.00%
Loss Ratio 76.20%
Net Premium Growth -1.40%
Other Medical Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 Adirondack Ins Exchange
Winston-Salem, IL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income -30.51M
Net Premium 144.51M
Health Premium --