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Demotech Q3 Report Shows Continued Premium Growth for RRGs

The Demotech report Analysis of Risk Retention Groups—Third Quarter 2021 in December 2021. The report finds that risk retention groups continue to exhibit premium growth and strong financials through the 3rd quarter of 2021.

According to the report, risk retention groups saw a 13.3% increase in cash and invested assets through the third quarter of 2021 compared to the same period in 2020, while total admitted assets saw a 12.6% increase.

The report also notes that RRG surplus has increased by 9.7% through the 3rd quarter of 2021 compared to the same period in 2020. “The level of policyholders’ surplus becomes increasingly important in times of difficult economic conditions by allowing an insurer to remain solvent when facing uncertainty,” wrote report author and Demotech Senior Financial Analyst Douglas A. Powell.

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