First Benefits Ins Mutual Inc

Raleigh, NC

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

0.48

Risk Adjusted
Capital Ratio #2

0.24

Loss
Ratio

173.08%

Total
Assets

22.26M

Capital

4.25M

Net
Premiums

4.05M

Net
Income

-747.19K

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Weiss Ratings	First Benefits Ins Mutual Inc Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Rating	E
Capitalization Index	1.00
Investment Safety Index	--
Liquidity Index	4.00
Profitability Index	0.70
Reserve Adequacy Index	0.90
Stability Index	3.00

Company Info	First Benefits Ins Mutual Inc Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	13098
Phone Number	(919) 832-0811
Website	www.firstbenefits.org
Address	3605 Glenwood Avenue Raleigh, NC 27612

Balance Sheet	First Benefits Ins Mutual Inc Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Total Assets	22.26M

Capital and Reserves	First Benefits Ins Mutual Inc Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	0.48
Risk-Adjusted Capital Ratio #2	0.24
1-Year Reserve Development	59.35%
2-Year Reserve Development	80.80%
Capital	4.25M
Premium to Surplus	95.51%
Reserves to Surplus	331.23%

Investments	First Benefits Ins Mutual Inc Raleigh, NC	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	First Benefits Ins Mutual Inc Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	91.57%
Combined Ratio	146.42%
Expense Ratio	-26.66%
Loss Ratio	173.08%
Net Premium Growth	-165.45%

Other Medical	First Benefits Ins Mutual Inc Raleigh, NC	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	First Benefits Ins Mutual Inc Raleigh, NC	Click to Compare	Click to Compare	Click to Compare
Net Income	-747.19K
Net Premium	4.05M
Health Premium	--