Major Rating Factors:
Good liquidity (6.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.7) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (7.8).
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Farmowners (42.5%), homeowners (39.0%), fire (3.6%), other (14.9%)
Licensed in:
KS
Principal Investments:
Investment grade bonds (72.5%), common stock (17.6%), preferred stock (4.3%), cash (1.2%), real estate (0.1%), other (4.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
201 Brenneke Street
Bremen, KS 66412
Bremen, KS 66412
Phone Number
(800) 562-5712
NAIC Number
15881
Website
Largest Affiliates
No affiliate information available.