C
Merchants Preferred Ins Co
Buffalo,  NY
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.46
Risk Adjusted
Capital Ratio #2
1.56
Loss
Ratio
78.22%
Total
Assets
137.58M
Capital
42.67M
Net
Premiums
33.29M
Net
Income
2.23M
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Weiss Ratings Merchants Preferred Ins Co
Buffalo, NY 		Click to
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Rating C
Capitalization Index 7.80
Investment Safety Index --
Liquidity Index 6.80
Profitability Index 4.00
Reserve Adequacy Index 3.00
Stability Index 6.40
Company Info Merchants Preferred Ins Co
Buffalo, NY 		Click to
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Industry P&C
NAIC Number 12901
Phone Number (716) 849-3333
Website www.merchantsgroup.com
Address 250 Main Street Buffalo, NY 14202
Balance Sheet Merchants Preferred Ins Co
Buffalo, NY 		Click to
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Total Assets 137.58M
Capital and Reserves Merchants Preferred Ins Co
Buffalo, NY 		Click to
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Risk-Adjusted Capital Ratio #1 2.46
Risk-Adjusted Capital Ratio #2 1.56
1-Year Reserve Development 6.57%
2-Year Reserve Development 26.76%
Capital 42.67M
Premium to Surplus 78.02%
Reserves to Surplus 156.58%
Investments Merchants Preferred Ins Co
Buffalo, NY 		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 Merchants Preferred Ins Co
Buffalo, NY 		Click to
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Medical Loss Ratio --
Cash From Underwriting 105.18%
Combined Ratio 107.98%
Expense Ratio 29.76%
Loss Ratio 78.22%
Net Premium Growth -4.60%
Other Medical Merchants Preferred Ins Co
Buffalo, 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 Merchants Preferred Ins Co
Buffalo, NY 		Click to
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Net Income 2.23M
Net Premium 33.29M
Health Premium --