B
RAM Mutual Ins Co
Esko,  MN
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.46
Risk Adjusted
Capital Ratio #2
1.01
Loss
Ratio
70.85%
Total
Assets
152.86M
Capital
70.58M
Net
Premiums
42.97M
Net
Income
3.82M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
2,957
214
3,171
6.75%
23.31%
2023
2,848
287
3,135
9.15%
22.83%
2022
2,960
284
3,244
8.75%
23.10%
2021
2,262
216
2,478
8.72%
22.81%
2020
2,023
189
2,212
8.54%
21.51%
2019
1,995
220
2,215
9.93%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
11
1
12
8.33%
47.45%
2023
7
3
10
30.00%
47.29%
2022
8
2
10
20.00%
45.44%
2021
8
4
12
33.33%
44.40%
2020
7
5
12
41.67%
42.45%
2019
7
2
9
22.22%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
62
11
73
15.07%
41.74%
2023
80
17
97
17.53%
38.64%
2022
110
8
118
6.78%
39.39%
2021
64
12
76
15.79%
40.41%
2020
68
35
103
33.98%
48.09%
2019
82
15
97
15.46%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
983
111
1,094
10.15%
39.58%
2023
1,710
132
1,842
7.17%
36.96%
2022
3,625
180
3,805
4.73%
37.07%
2021
1,245
139
1,384
10.04%
39.17%
2020
1,054
186
1,240
15.00%
35.42%
2019
1,418
299
1,717
17.41%
35.34%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
12.32%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
346
74
420
17.62%
45.22%
2023
346
66
412
16.02%
44.64%
2022
298
71
369
19.24%
46.15%
2021
288
72
360
20.00%
46.87%
2020
244
44
288
15.28%
43.90%
2019
310
46
356
12.92%
42.09%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
141
293
434
67.51%
35.33%
2023
142
427
569
75.04%
35.67%
2022
132
344
476
72.27%
37.14%
2021
115
303
418
72.49%
35.46%
2020
119
273
392
69.64%
33.86%
2019
170
393
563
69.80%
34.01%