2026-07-29

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Graph RRG Rehabilitator's First Status Report 09.15.2025

The Special Deputy Rehabilitator reports that Graph Insurance Group’s negative surplus improved from $9.2 million as of December 31, 2024, to $4.4 million as of June 30, 2025, following a $7.5 million reduction in projected ultimate losses. The Company’s plan to run off insurance obligations using investment income remains appropriate, with assets invested in money market accounts and U.S. Government obligations yielding an implied annual return of 3.8%. The Commissioner continues to monitor the adequacy of outstanding loss reserves, which were reported at $111.3 million as of June 30, 2025.

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Vermont Department of Financial Regulation

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