C
Farmers Mutl Hail Ins Co of IA
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
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Major Rating Factors: Vulnerable liquidity (3.0 on a scale of 0 to 10) as a spike in claims may stretch capacity. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (7.4) despite operating losses during 2023. Excellent overall results on stability tests (7.3). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors: L - Past results on our liquidity tests.
Principal Lines of Business: Other (100%)
Licensed in: All states except AK, DC, HI, ME, RI
Principal Investments: Investment grade bonds (43.6%), common stock (25.9%), cash (7.5%), real estate (3.5%), non investment grade bonds (0.9%), other (18.6%)
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Corporate Info
Group Affiliation
Farmers Mutual Hail Ins Co of Iowa
Investment Rating
--
Company Address
6785 Westown Parkway
West Des Moines, IA 50266
Phone Number
(515) 724-5007
NAIC Number
13897
Largest Affiliates
C
West Des Moines, IA - P&C