Fitch Ratings has affirmed its “A” (Strong) Insurer Financial Strength (IFS) ratings for The Doctors Company and its wholly owned insurance subsidiaries. Fitch also announced that the rating outlook for all ratings is “Stable.”
Fitch stated that the ratings are based on The Doctors Company’s historically strong profitability and underwriting performance, sufficient loss reserve levels and very strong statutory capital position. Fitch noted that The Doctors Company is one of the few primary medical professional liability companies positioned to offer products and capabilities that accommodate the trend of healthcare providers moving toward employment with hospitals and large medical groups.
The “A” with “Stable Outlook” ratings also include:
- The Doctors Company, an Interinsurance Exchange
- TDC Specialty Insurance Company
- TDC National Assurance Company
- The Doctors Company Risk Retention Group, a Reciprocal Exchange