B
GA Farm Bureau Mutual Ins Co
MaconGA
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
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Major Rating Factors: Good overall results on stability tests (6.9 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors: Fair profitability index (3.5) with operating losses during 2022, 2023 and 2024. Vulnerable liquidity (2.6) as a spike in claims may stretch capacity.
Stability Factors: L - Past results on our liquidity tests.
Principal Lines of Business: Personal/comm auto (53.1%), homeowners (26.1%), farmowners (17.1%), comm multi (1.5%), fire (0.5%), other (1.7%)
Licensed in: GA
Principal Investments: Investment grade bonds (78.1%), common stock (18.1%), other (3.9%)
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Investments in Affiliates
Corporate Info
Group Affiliation
Georgia Farm Bureau Federation Holding Co Inc
Investment Rating
--
Company Address
1620 Bass Road
Macon, GA 31210
Phone Number
(478) 474-8411
NAIC Number
14001
Largest Affiliates