Demotech, Inc. recently published its Analysis of Risk Retention Groups—Year End 2020. The report finds that risk retention groups continue to report strong financials, with strong gains in assets and policyholder’s surplus. According to the report, risk retention groups also reported premium growth of 6.4% that took premium for the risk retention group industry to $3.8 billion. The Risk Retention Reporter will be running a full analysis of risk retention group premium in the June issue.
According to the report, risk retention groups reported a 7.4% increase in cash and invested assets, while total admitted assets increased by 6.9%. Risk retention groups also increased policyholder’s surplus by 6.3%, an increase of $343.2 million.
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