B
Fremont Ins Co
Fremont,  MI
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.50
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
82.02%
Total
Assets
201.80M
Capital
44.75M
Net
Premiums
77.45M
Net
Income
-1.40M
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Weiss Ratings Fremont Ins Co
Fremont, MI 		Click to
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Rating B
Capitalization Index 8.30
Investment Safety Index --
Liquidity Index 6.30
Profitability Index 3.10
Reserve Adequacy Index 9.30
Stability Index 6.90
Company Info Fremont Ins Co
Fremont, MI 		Click to
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Industry P&C
NAIC Number 13994
Phone Number (231) 924-0300
Website www.fmic.com
Address 933 East Main Street Fremont, MI 49412
Balance Sheet Fremont Ins Co
Fremont, MI 		Click to
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Total Assets 201.80M
Capital and Reserves Fremont Ins Co
Fremont, MI 		Click to
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Risk-Adjusted Capital Ratio #1 2.50
Risk-Adjusted Capital Ratio #2 1.90
1-Year Reserve Development -490.00%
2-Year Reserve Development -1,270.00%
Capital 44.75M
Premium to Surplus 170.00%
Reserves to Surplus 140.00%
Investments Fremont Ins Co
Fremont, MI 		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 Fremont Ins Co
Fremont, MI 		Click to
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Medical Loss Ratio --
Cash From Underwriting 100.00%
Combined Ratio 120.00%
Expense Ratio 40.00%
Loss Ratio 82.02%
Net Premium Growth 10.00%
Other Medical Fremont Ins Co
Fremont, MI 		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 Fremont Ins Co
Fremont, MI 		Click to
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Net Income -1.40M
Net Premium 77.45M
Health Premium --
Weiss Ratings