B
Security Mutual Ins Co
Ithaca,  NY
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.70
Risk Adjusted
Capital Ratio #2
4.00
Loss
Ratio
44.75%
Total
Assets
151.52M
Capital
90.74M
Net
Premiums
50.12M
Net
Income
23.35K
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Weiss Ratings Security Mutual Ins Co
Ithaca, NY 		Click to
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Rating B
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 7.10
Profitability Index 8.30
Reserve Adequacy Index 9.30
Stability Index 6.80
Company Info Security Mutual Ins Co
Ithaca, NY 		Click to
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Industry P&C
NAIC Number 15113
Phone Number (607) 257-5000 5267
Website www.securitymutual.com
Address 2417 North Triphammer Road Ithaca, NY 14850
Balance Sheet Security Mutual Ins Co
Ithaca, NY 		Click to
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Total Assets 151.52M
Capital and Reserves Security Mutual Ins Co
Ithaca, NY 		Click to
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Risk-Adjusted Capital Ratio #1 5.70
Risk-Adjusted Capital Ratio #2 4.00
1-Year Reserve Development -110.00%
2-Year Reserve Development -360.00%
Capital 90.74M
Premium to Surplus 60.00%
Reserves to Surplus 30.00%
Investments Security Mutual Ins Co
Ithaca, NY 		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 Security Mutual Ins Co
Ithaca, NY 		Click to
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Medical Loss Ratio --
Cash From Underwriting 120.00%
Combined Ratio 90.00%
Expense Ratio 40.00%
Loss Ratio 44.75%
Net Premium Growth 10.00%
Other Medical Security Mutual Ins Co
Ithaca, NY 		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 Security Mutual Ins Co
Ithaca, NY 		Click to
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Net Income 23.35K
Net Premium 50.12M
Health Premium --