Vasa-Spring Garden Mutl Ins Co

Cannon Falls, MN

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

4.11

Risk Adjusted
Capital Ratio #2

2.87

Loss
Ratio

16.88%

Total
Assets

9.75M

Capital

5.82M

Net
Premiums

4.77M

Net
Income

2.15M

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Weiss Ratings	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	8.90
Investment Safety Index	--
Liquidity Index	7.20
Profitability Index	5.70
Reserve Adequacy Index	6.30
Stability Index	2.40

Company Info	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	11038
Phone Number	(507) 263-0174
Website	www.vsgmi.com
Address	137 North Fourth Street Cannon Falls, MN 55009

Balance Sheet	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
Total Assets	9.75M

Capital and Reserves	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	4.11
Risk-Adjusted Capital Ratio #2	2.87
1-Year Reserve Development	-9.19%
2-Year Reserve Development	1.78%
Capital	5.82M
Premium to Surplus	81.91%
Reserves to Surplus	8.56%

Investments	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
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	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	171.60%
Combined Ratio	52.92%
Expense Ratio	36.04%
Loss Ratio	16.88%
Net Premium Growth	50.67%

Other Medical	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
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	Vasa-Spring Garden Mutl Ins Co Cannon Falls, MN	Click to Compare	Click to Compare	Click to Compare
Net Income	2.15M
Net Premium	4.77M
Health Premium	--