C
Carolina Farmers Mutual Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.15
Risk Adjusted
Capital Ratio #2
1.29
Loss
Ratio
80.03%
Total
Assets
17.94M
Capital
12.88M
Net
Premiums
4.11M
Net
Income
80.79K
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Weiss Ratings Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Rating C
Capitalization Index 7.40
Investment Safety Index --
Liquidity Index 7.20
Profitability Index 3.40
Reserve Adequacy Index 7.00
Stability Index 3.40
Company Info Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Industry P&C
NAIC Number 10720
Phone Number (336) 625-6323
Website www.cfmic.net
Address 515-A West Salisbury Street Asheboro, NC 27203
Balance Sheet Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Total Assets 17.94M
Capital and Reserves Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Risk-Adjusted Capital Ratio #1 2.15
Risk-Adjusted Capital Ratio #2 1.29
1-Year Reserve Development 50.00%
2-Year Reserve Development 20.00%
Capital 12.88M
Premium to Surplus 40.00%
Reserves to Surplus 0.00%
Investments Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Medical Loss Ratio --
Cash From Underwriting 80.00%
Combined Ratio 120.00%
Expense Ratio 40.00%
Loss Ratio 80.03%
Net Premium Growth 0.00%
Other Medical Carolina Farmers Mutual Ins Co
Asheboro, NC 		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 Carolina Farmers Mutual Ins Co
Asheboro, NC 		Click to
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Net Income 80.79K
Net Premium 4.11M
Health Premium --