Brotherhood Mutual Ins Co
Major Rating Factors:
Fair reserve development (4.5 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.6) with operating losses during 2023. Return on equity has been low, averaging 2.0% over the past five years. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.6). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (81.9%), work comp (7.9%), personal/comm auto (4.4%), other (5.8%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (54.2%), common stock (18.0%), cash (8.1%), real estate (4.5%), non investment grade bonds (2.0%), preferred stock (0.1%), other (13.1%)
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.