C
SECURITY MUTUAL LIFE INS CO OF NY
Rating Date
July 2025
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
1.69
Risk Adjusted
Capital Ratio #2
0.89
Total
Assets
3.07B
Capital
185.01M
Net
Premiums
65.26M
Net
Income
910.37K
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Weiss Ratings SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Rating C
Capitalization Index 6.10
Investment Safety Index 6.00
Liquidity Index 0.60
Profitability Index 5.60
Reserve Adequacy Index --
Stability Index 2.90
Company Info SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Industry L&A
NAIC Number 68772
Phone Number (607) 723-3551
Website www.smlny.com
Address 100 COURT STREET Binghamton, NY 13901
Balance Sheet SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Total Assets 3.07B
Capital and Reserves SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Risk-Adjusted Capital Ratio #1 1.69
Risk-Adjusted Capital Ratio #2 0.89
1-Year Reserve Development --
2-Year Reserve Development --
Capital 185.01M
Premium to Surplus --
Reserves to Surplus --
Investments SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Cash 0.75%
CMO & Structured Securities 3.46%
Common & Preferred Stock 0.16%
Invested Assets 2.98K
Investments in Affiliates 0.03%
Mortgages in Good Standing 9.22%
Non-Investment Grade Bonds 0.10%
Non-Performing Mortgages 0.00%
Other Investment Grade Bonds 61.77%
Other Investments 23.67%
Real Estate 0.37%
Operating Ratios SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Medical Loss Ratio --
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability SECURITY MUTUAL LIFE INS CO OF NY
Binghamton, NY 		Click to
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Net Income 910.37K
Net Premium 65.26M
Health Premium --