B
Upland Mutual Ins Inc
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
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Major Rating Factors: Good overall results on stability tests (5.1 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Fair profitability index (4.8) with small operating losses during 2024. Return on equity has been fair, averaging 6.1% over the past five years. Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Stability Factors: R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Homeowners (39.1%), farmowners (29.9%), personal/comm auto (12.2%), fire (5.8%), other (13.0%)
Licensed in: KS
Principal Investments: Investment grade bonds (78.5%), common stock (12.9%), non investment grade bonds (4.5%), cash (3.9%), real estate (0.2%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
2220 Lacy Drive
Junction City, KS 66441
Phone Number
(785) 762-4324
NAIC Number
15296
Largest Affiliates
No affiliate information available.