Napa, California — Fitch Ratings has affirmed its “A” (Strong) Insurer Financial Strength ratings for The Doctors Company and certain members of The Doctors Company Group. Fitch also announced that the rating outlook for all ratings is “Stable.”
Fitch noted that the ratings are based on a very strong statutory capital position and sufficient loss reserve levels. Fitch further stated that The Doctors Company has a strong business profile as the nation’s number-two writer in medical professional liability insurance. The Doctors Company is one of the few primary companies in its industry positioned to meet the trend of healthcare providers moving from independent and smaller group practices to employment with hospitals and larger medical groups, Fitch added.
Fitch commented that The Doctors Company’s capital position “was very strong” at the end of 2020 and views the company’s loss reserve position as a positive factor.
The “A” with “Stable Outlook” ratings include:
- The Doctors Company, an Interinsurance Exchange
- TDC Specialty Insurance Company
- TDC National Assurance Company
- The Doctors Company Risk Retention Group, a Reciprocal Exchange
