Maine Employers Mutual Ins Co

Portland, ME

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

2.51

Risk Adjusted
Capital Ratio #2

2.20

Loss
Ratio

63.67%

Total
Assets

1.28B

Capital

717.82M

Net
Premiums

182.29M

Net
Income

46.09M

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Weiss Ratings	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	8.30
Investment Safety Index	--
Liquidity Index	7.90
Profitability Index	8.40
Reserve Adequacy Index	9.40
Stability Index	8.60

Company Info	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	11149
Phone Number	(207) 791-3300
Website	www.memic.com
Address	261 Commercial Street Portland, ME 04101

Balance Sheet	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.28B

Capital and Reserves	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.51
Risk-Adjusted Capital Ratio #2	2.20
1-Year Reserve Development	-3.71%
2-Year Reserve Development	-8.61%
Capital	717.82M
Premium to Surplus	25.39%
Reserves to Surplus	60.55%

Investments	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	22.20%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	103.65%
Combined Ratio	95.13%
Expense Ratio	31.47%
Loss Ratio	63.67%
Net Premium Growth	-5.95%

Other Medical	Maine Employers Mutual Ins Co Portland, ME	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	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Net Income	46.09M
Net Premium	182.29M
Health Premium	--