A
North Star Mutual Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.70
Risk Adjusted
Capital Ratio #2
2.50
Loss
Ratio
66.64%
Total
Assets
1.27B
Capital
676.12M
Net
Premiums
776.82M
Net
Income
54.35M
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Weiss Ratings North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Rating A
Capitalization Index 9.30
Investment Safety Index --
Liquidity Index 5.80
Profitability Index 4.70
Reserve Adequacy Index 9.20
Stability Index 7.10
Company Info North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Industry P&C
NAIC Number 14850
Phone Number (507) 423-6262
Website www.northstarmutual.com
Address 269 Barstad Road, South Cottonwood, MN 56229
Balance Sheet North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Total Assets 1.27B
Capital and Reserves North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Risk-Adjusted Capital Ratio #1 3.70
Risk-Adjusted Capital Ratio #2 2.50
1-Year Reserve Development -90.00%
2-Year Reserve Development -170.00%
Capital 676.12M
Premium to Surplus 110.00%
Reserves to Surplus 30.00%
Investments North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.40%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Medical Loss Ratio --
Cash From Underwriting 120.00%
Combined Ratio 90.00%
Expense Ratio 30.00%
Loss Ratio 66.64%
Net Premium Growth 20.00%
Other Medical North Star Mutual Ins Co
Cottonwood, MN 		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 North Star Mutual Ins Co
Cottonwood, MN 		Click to
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Net Income 54.35M
Net Premium 776.82M
Health Premium --