Brotherhood Mutual Ins Co
Major Rating Factors:
Good liquidity (5.6 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (4.4) as reserves have generally been sufficient to cover claims. Fair profitability index (3.6) with operating losses during 2023. Average return on equity over the last five years has been poor at -0.1%.
Other Rating Factors:
Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
Principal Lines of Business:
Comm multi (80.5%), work comp (8.5%), personal/comm auto (4.7%), other (6.3%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (60.9%), common stock (16.7%), real estate (5.1%), non investment grade bonds (2.2%), cash (2.0%), preferred stock (0.1%), other (13.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6400 Brotherhood Way
Fort Wayne, IN 46825
Fort Wayne, IN 46825
Phone Number
(260) 482-8668
NAIC Number
13528
Website
Largest Affiliates
No affiliate information available.