C
Forward Mutual Ins Co
Ixonia,  WI
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.41
Risk Adjusted
Capital Ratio #2
3.18
Loss
Ratio
76.52%
Total
Assets
9.09M
Capital
7.83M
Net
Premiums
630.65K
Net
Income
-263.97K
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Weiss Ratings Forward Mutual Ins Co
Ixonia, WI 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 7.00
Profitability Index 4.00
Reserve Adequacy Index 7.00
Stability Index 2.70
Company Info Forward Mutual Ins Co
Ixonia, WI 		Click to
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Industry P&C
NAIC Number 11387
Phone Number (920) 261-6616
Website www.forwardmutual.com
Address W1202 Glenview Avenue Ixonia, WI 53036
Balance Sheet Forward Mutual Ins Co
Ixonia, WI 		Click to
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Total Assets 9.09M
Capital and Reserves Forward Mutual Ins Co
Ixonia, WI 		Click to
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Risk-Adjusted Capital Ratio #1 5.41
Risk-Adjusted Capital Ratio #2 3.18
1-Year Reserve Development -10.00%
2-Year Reserve Development 10.00%
Capital 7.83M
Premium to Surplus 10.00%
Reserves to Surplus 0.00%
Investments Forward Mutual Ins Co
Ixonia, WI 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.04%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Forward Mutual Ins Co
Ixonia, WI 		Click to
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Medical Loss Ratio --
Cash From Underwriting 70.00%
Combined Ratio 140.00%
Expense Ratio 60.00%
Loss Ratio 76.52%
Net Premium Growth 0.00%
Other Medical Forward Mutual Ins Co
Ixonia, WI 		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 Forward Mutual Ins Co
Ixonia, WI 		Click to
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Net Income -263.97K
Net Premium 630.65K
Health Premium --